Nortek Acquires IntelliVision

Author: John Honovich, Published on May 08, 2018

One of the largest intrusion manufacturers, Nortek, has acquired the self-proclaimed 'Leader in AI-Based Video Analytics Software', IntelliVision.

In this note, we examine the deal, Nortek's rationale, IntelliVision's mixed background and the potential impact of the deal in the increasingly hot 'AI' sector.

*** ** *** ******* ********* *************,******, *** ******** *** ****-********** '****** ** **-***** ***** ********* Software',*************.

** **** ****, ** ******* *** ****, ******'* *********, *************'* mixed ********** *** *** ********* ****** ** *** **** ** the ************ *** '**' ******.

[***************]

Nortek **********

****** *** ******** ** **** ****'* *******, * ******* **** ************* ******* ****** *************** *********. ******'* ******** *** ***** ********** (SST) ********, ********* **** *** ******, *** ~$*** ******* ** revenue *** ****,**** ***** **********:

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IntelliVision **********

*************(** ******** ** *** ***** **** *******), ** *** ** the ******* ***** ********* *********, ******* ** *** *****, ****** the ******* ** *** ****** *****. **** **** ********* ***** to ***** ************ ************* **** ***** ********* ***** ****** ** mediocre ** ***** ** ******* ******** ******* **** *** *****. While *** ******* *** **** *********** *********** *** **********, ** ** *** ************ **** ** ******** ****** *** unclear *** **** ******** ****** ********** *** ******* ******** ***. The **** ****** *********** **** ************* ******** ** ** ** selecting **** *** *************'* ***** ******** *****.

Revenue *** *********** *****

***** ******* *** *********, ** ***** ******** *************'* ******* ** be ***** $** ******* *** *** *********** ***** ** ** under $** *******, ***** *** *** ****** ** ********* *** company ***, *** ******* ****** ** ***** **** **** **** in *** ***** ******** ***** ** ******** ********* ****** ********* as * *********.

Nortek's ***

****** ********* *** **** ******** *************:

******* *** ******** *****, **** ** ****** ****** **** ********** the *********** **** *** ******** ***********, ******** ** **** **********. That’s *** **** ** ************ ** **** ********* **** *** portfolio, *** **** **** ***** *********** ******** ** *** ********* and ***-*****.

*** '******** ** *** **********' *****, ** ** ******* ** video *********, **** ******* ******* ****** ***********. *******, ***** ************* markets ****** ***********, ** *** ****** **** **** *** ******* in *** ******, ** *** ********* **** *** *** **** analytics.

4 ******* '*****' *******

****** ********** *************'* ***** **** * ****** ***** ******* "*** ****** * ******* ***** ******* – ****** ** **-***** Video ********* ********", ******* * **** ** ************* ********* **** **:

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Shady ********* - *****, *** *******, ****** *** ***** *******

** *** **** **** ****, ************* *** ****** ** ** shady ********* *********:

** ***** ** **** ***********, ** ** ******** **** ***** actions **** **** ** ***** *** *******'* ************** *** ** acquisition. **********, ** ******* *** *********** ** *** ******* ** strong ********** ************* **** *** ** ****** ** **** ********* measures.

Weird ****

*** ******* ** ********** ** ***** ************. *** ***** ******* pretends ** ** * *** ****. *** *********** ** *****. However, ** ****** ***** ** ***** **** ** ***** *** if **** *** ******* *** ******* ** ******* ********** *************'* analytics, ********* ***** **** ** **. ***********, *** **** ****** scenario ** ******* *********** *** ** **** ****.

Comments (9)

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******,

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(*) ** *** **** **** ***** ** ***** ** *** 32 **** ** ****?

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