OnSSI Acquires VMS Company Seetec

Author: John Honovich, Published on Apr 08, 2015

The dominoes continue to fall.

One of the biggest VMS providers in North America, OnSSI, has bought one of the biggest VMS providers in Europe, Seetec.

In this note, we break down the strengths and weaknesses of this combination, and how it matches up against Axis/Milestone/Canon.

*** ******** ******** ** ****.

*** ** *** ******* *** ********* ** ***** *******, *****,*** ********* ** *** ******* *** ********* ** ******, ******.

** **** ****, ** ***** **** *** ********* *** ********** of **** ***********, *** *** ** ******* ** ******* ****/*********/*****.

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

**********

***** ** * ******* ******* ***** ** *** ****, *** and *** ************* ** *********. ***** **** **** *** ***% owned ** ***** *** **-************ ************* *******.

****** ** * ******* ******* ***** ** ********, ******* *** *** previously ***** ** * ************* *********.

*** *********: *****'* *** ** ***************** ******** ** ***** *** ********** ********* ******** **** *********'* 'recorder ******'. ******'* *** ** ************ (*********** ****** ******** *****).

***** *** *** ********* *** ******* ***** *** ***********.

Strong ***********

************************ **** ***** ****.

  • ***** ** ****** ** *** ******** *** **** ** ******. Seetec ** ****** ** ****** *** *** ** ******** ** the **.
  • ***** *** **** ********* ** ****** *********'* '******** ******'. ****** has ***** *** *** **** *** ********* ****.
  • **** *** ****** ***** ********* ************ (**-** ********* ****). ********, they ****** *** ** **** *** ****** *******.

No '********' ********

******* ******* ***** *** ***** *******, ** **** **** *** create * '********' ********. ** *** ******** ****, **** ****** them ** ******** ** **** ********** ** ***** *** ** the *** ******************* ***** ****. ** *** ***** ****, **** **** *** ***** / eliminate *** ******* / ***** ************ **** **** ******* ********* bundling ******* *** *** ******** (*.*., *** **** **** ***** ********).

Vs **** / ********* / *****

** ******* *** *****'* *********** ** ********* *** ******* *********** of **** ****** ***** ***** *****. **** ***** *** ****** have *********** **** ** *** ********* ******* **** ***** ** building, ** ********* *** * *** ***** *** **** * top ******* ** ****.

***** / ****** ***** *** * ******, **** ******** ********** to *********. ***** *** ************ *** *** ********* ** '***** is **** * ********* ***' *** *** *** *** ********** combine ******** / ***************. ** *** ***** ****, ** ******* that ********* **** ****** ****** **** ***** ** *****-**** **** Canon/Axis, ********** ***** *********.

Challenges *** ***** / ******

*** *** *********** *** *******, *** *** ********* **: **** is **** **** ***?

*** ********** *** **** **** *** * *** ***** **** mostly *********** ********. *** '*****' ** *** ******* ***** ** a '**** *** *****' *** ******** *** **** ****.

*** *** *********** ***** **** ***** / ****** ******* ******* the ******* ****** ** '********' ********* *** *** **** **** VMS ********? **** ****** ** *************** ******** *** **** ***** to ******* ******** **********?

*** ***** / ****** **** ****** **** ***** **** ***** in *** ***** / ***-**** *** **** ***** **** ** solve ****.

Poll - ****

OnSSI *****

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

"***** ***** ** ******** ***** ********** ******** *** *** ******* recorder, **** **.* ***** ******** ** *** *** **** *** additional ******** ***** *******. ***** *** *** *** ******** **** become **** ***** **** **** ** *** ****."

****** *** *********

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

"******* *** *********** ****** **** *** ****** ** *** ******** markets ** *** ****: *** ****** ********* ** ****** ****** will ** *** ***** ** *** ***** ******** *** ******* their ******* ******** **** ****. ***********, ** **** ** **** to ***** *** *** ******** ** *** ******** ******** **** our *** ********** *** ****** ********. **** ***** ******* * long-term *********** *** ****** ** **** ** *** ******. ***** gains ****** ** *** **********. ******** ** **** *** ****** company. *** *********** **** *** ****** ** ******* ********* ******* persons ** ****************. **** ***** **’** ***** * *******, *** is * **** ***** *** ** ******* ** ****** ** many *******. ***** ** ***** *** ********** *********, **** ********* are ******** ********* ********* ** ***. ****** ******** ************* **** this *********** – **** **** * ********** *** **** * technological ***** ** ****. **** *** *** ***** ** *** prepared *** *********** *** ************* ** *** *** ******** *** become *** **. * ****** ** **** ****** *********."

Comments (22)

Undisclosed #1

04/07/15 02:17pm

**** *** ***** *** *** ******** ** **** ***********? **** have *** ********* ** ** * ****-***** *******.

*** ***** **** ******'* ******* **/***?

* ****** ** **** *** **** ** * ****** ** battered ****** **** *** *** *** ***** *****.

John Honovich

IPVM | In reply to Undisclosed #1 | 04/07/15 02:43pm

* ***** *** ***** *** *** ******** ****. ** *** how **** **** *** ******, * **** *** **** ********, especially ***** ****** ** ** *** **** **** ***** (******** count).

** ***** ** *******, * ******* **** *** $**+ ******* range *** * ***'* **** * ****** **** * ***** trust.

** *** *****/***** **********, ***** *** **** ** **** ***** ***** **** ***** and ******. **** ****, ** **** *** ****** ** **** neither ***** *** ****** **** '******** **' ******** *** **** the ***** ******** ****** ****....

Greg Austin

04/07/15 02:39pm

**'** **** ***** *** **** ***** *** **** ** ** biggest ********** **** **** *** ****** **** *** "*****" **** the ********* ****** & ***** ***'* *******. * **** **** merger ** * ******* ********...

Undisclosed Integrator #4

In reply to Greg Austin | 04/07/15 04:01pm

**** *** **** ** *** ****** ***'** ****** ********** *****?

**** *** *** ********* ****** *** ***** ******** **** *** found ** **** *** ********** *********** *** *** ***** *********. Super *********, ********** ** "*** **** ******".

Undisclosed Manufacturer #2

04/07/15 02:41pm

** *** ***** *** **** ** *** *********?

John Honovich

IPVM | In reply to Undisclosed Manufacturer #2 | 04/07/15 02:45pm

* ** *** **** ***** *** ** *** *** **** if ********* ****** ** ******** ****** ** *****, * ***** OnSSI ****** ******** **** ****** ***** '***' ***.

Undisclosed Manufacturer #3

04/07/15 03:09pm

***** *** ******* **** ***** *** ** *** *** *** lines ***** ***, ** ****** "********* *******" ******. **** **** had * ******** ********* *******, *** **** ******* ***'* ********** their ********* ********, ***** **** ******* **********. ****, ******* **** the ***** ** "*** *** ********* ** ***" *** ***** succesfully ********* ** ***** ********* *******. **** *** ***** *** not **** ***** ****** ******** *********. **** ****** ***** ******* sense *** ******* ** ** * **** **** ** ******* these ******* ******, ** **** *** **** ** ***.

* *****, ****, **** *** **** ** * **** ********/******** solution *** **********...**** **** **** ** *** *********** ** **** of ***** ***** *** "******" *********, *** ******** *** ************ of *****/****** * **** ****.

Paul Kozonasky

IPVMU Certified | 04/07/15 03:59pm

* *** **** ******* ********* **** * ********* ********* ***** the **** ******* - **** *** ***** ***** ** **? Guess ** **** ***.

Undisclosed #5

04/07/15 05:22pm

***** ** ** ***** *** ** *******? ;)

..,OnSSI ****** *** *** ** *** ***** *******, ***-** ***** and integrate their recorder into whatever higher end functionality exists in Occularis that they actually own...

******** ***** *.*. ******** **** ** **** *** * *********-**** product... ** *** *****, **** **** ** **** ***** *** recorder, ****** ** ******* ***** *** ** ****** ******* ****'*. They **** ** **** ***** *** ******* ***** **** ** they *** ****** *** *** ******** *** *********** **** **** gotten **** ********* ********* **** *** *****...

**** ******* ******* *** *** **** *****they **** ***** with an appropriately weighted stock swap... 2-12-2015

John Honovich

IPVM | In reply to Undisclosed #5 | 04/07/15 05:34pm

*** ******* ***** ** **? :)

"***** ** ***** ******* *** ***** ** *** ******* ***? Seriously, * ***'* ******* ***** ** *** *******, ***-******, *********** VMS *** *** ***** ** *** ******* *******."

***, ***, **** ********** ***** *** ** ** *** **** of * ****.

Undisclosed Manufacturer #6

04/07/15 05:27pm

* ****** ******** *** ********* ****'* **** *** ***** ***. I ***** **** ******* ****'* **** ** ***** ** *** good *******, *** **** ** *** **** ** ****** *** for ******* **** **** ******* *** ****** *** *********** *** off ****** & *****. *** ****** ** ***** ******** ***** have **** ** **** ** ****** "******" *** ***** ******** base ** ****** ********** ***** *** ****** ******** *** ********* the *** **** ** ******* -- *'** **** **** ****.

***, ** ***** ****'** **** ***** ******. * ***** ****** that **** ***** ***** ****** ** **** **** ******* ** this, *** *** *** **** ****, **'* * ******* *** OnSSI ** ******* ********* ***** ********** ** *********. ***** ** Mulli *** **** *** ******** ******* **** ***...* ******* ****'* be **** **** ***.

Undisclosed Integrator #9

In reply to Undisclosed Manufacturer #6 | 04/08/15 12:25am

**** *** ********** ***'* **** *** *** ** *** ********** a **** **** ** ******** ******** ** *********. **** ***** have ****** ********* ** ********:

  • ********** ** ***** "********* ******" ** ******** ****** ****.
  • *** ******* *********** *********** ** *********.
  • ********** ** ****** ***** ** *** *** ********* ******
  • ********** ** ***** *****, ******* *****, *** *** *****
  • ****** ****** * *** ******* ****** ** ********** ***** *** to ******* *** *** **** ******.

**** ******* **** ***'* ******* ******* *** ***** ******** ** entirely ****** ** ******.

Undisclosed Manufacturer #7

04/07/15 07:06pm

**** ****** * ********** **** *********** *** ****, **** ** when **** *** ***** ********* *** ******** ****** *** *****. Having **** **** ***** ** ***** * ********** ** ******* so ** **** ** *********** ** *** *** ** *** works ***.

Rodney Thayer

04/07/15 08:44pm

*** (******) *** ****** ** *** ****** **** *** (****** like **** ****) *** ****** ** ******* ******. ****** **** to **. ****** *** ** ***? *** ***** **** ***** of ********* ****** **** *** ****** ** *'* *** ********* where *** *****/******/***** **** ****.

** **** ** **** ***'* ******** * **** ***** *********** camera ** *** ****...

Undisclosed Manufacturer #8

In reply to Rodney Thayer | 04/07/15 09:06pm

******* ***** * ****** ******, ** *** * **** *** a **** ***** ****** **** *** ** *********.:)

Undisclosed #5

In reply to Rodney Thayer | 04/11/15 05:47am

** **** ** **** ***'* ******** * **** ***** *********** camera ** *** ****.

******. **** ** **** * ***** ***** *********** ****** ***** like. **'* ******** *** ************ ****** ****, *******. **** *** **** *******.

Undisclosed Integrator #10

04/08/15 08:55am

***** * ****** ** *****. * ** **** *** **** and *** **** ** *** ******** ** ********* *********.

* ******* ***** *** ****** ** *** ***** ********* ***** past *** ********, **** ** **** **** ****.

********** ** ********** ** *** *** ******** "******" *** *********** of *** *** (****** **** *********) ******** **** ** *** to *** ******* ** **** ******.

Undisclosed Distributor #11

04/08/15 12:33pm

*** *********** ******** ** **** **** **** ** ** *********? Owned ** ****** ** **** ** ******* *** *** * major ***** *** ******** ***** *** * ***** **** ** the ******** ********* ******* **** ****. **** ***** ***** ** the *** ******** ****** **** *** **** ********** **** ****. One ***** ****** **** **** ******* ** **** ******** ********* to *** *** ******** ******* ** **** ** *** ***** they **** *** ********* *** ****** ******** *******. **** **** again ****** * **** *** *********.

**** ** *** **** ***** ****** ** *** **** ** top, ***'* *** ** **** *** ********** ** **.

John Honovich

IPVM | In reply to Undisclosed Distributor #11 | 04/08/15 12:43pm

*, **** ******.

****'* ********* ****'* *****. ***/*** ****** ****** *********'* *** ******* VMS ******* ** *********** *** **** ** *********'* ***** ********* revenue (***** ****** *** ** ** **** *** ******* * non ******* ****** ** *****). * ******** ** **** * while **** *** ***** *** *** *******.

** **** ***, *'** ****** **** ******* *** **** ***** actually *********** ** *********'* *******. ** *** **** ** **** IMS/IHS ******* *** ****** / ***...

***'* *** *** ********* :) **** *****, **** **** **** Axis *********.

***** ** ****, * *** ******** **** ***** / ********* should *** ***** ** ********* *** ***** *******. * **** to ******* **** *** ** ***** *********, ** * ****** how *** ***** **** ****.

Undisclosed Distributor #11

In reply to John Honovich | 04/08/15 09:07pm

* ***** **** *** ** ** **** **** **** ******* and ****** ***** ** ****** ********* **% **** ***** ** a ******** ****** ** ***** ** ***** ****** *****. ** the ********* **** ** **** ** ****** **** **** ** almost **** ***** ** ***** ** ****** ** ** ******* tied ** **** *** **** ** **** **** ******** ** the ****** ****. ** ***'* **** * *** ********** ** the ****** ***** *** **** **** ** ****** ** **** revenue.

** *** ******** **** * ***** ****** **** ***** ******** to ******* **** *** ** ********* **** ** ******* **** are ***** ** **** *** ****** ******* *** **** * way ** ********* ******** ** ****** ** **** *** **** all *** $$ ** *****.

* ***** ****** ****** ** *********** ** ***** **** ** good, ***** ****** ** ***** *** *********. ** ***** **** been * ***** *********** ** ***** *** ******* *** ***** both **** ** *** ****** **** *** ********* *******. **** way *** ***'* **** ** ********* ***** ******* **** **** end *******.

John Honovich

IPVM | 04/08/15 02:09pm

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

"***** ***** ** ******** ***** ********** ******** *** *** ******* recorder, **** **.* ***** ******** ** *** *** **** *** additional ******** ***** *******. ***** *** *** *** ******** **** become **** ***** **** **** ** *** ****."

John Honovich

IPVM | 04/10/15 11:08am

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

"******* *** *********** ****** **** *** ****** ** *** ******** markets ** *** ****: *** ****** ********* ** ****** ****** will ** *** ***** ** *** ***** ******** *** ******* their ******* ******** [*********] **** ****. ***********, ** **** ** able ** ***** *** *** ******** ** *** ******** ******** with *** *** ********** *** ****** ********. **** ***** ******* a ****-**** *********** *** ****** ** **** ** *** ******. OnSSI ***** ****** ** *** **********. ******** ** **** *** global *******. *** *********** **** *** ****** ** ******* ********* contact ******* ** ****************. **** ***** **’** ***** * *******, who ** * **** ***** *** ** ******* ** ****** in **** *******. ***** ** ***** *** ********** *********, **** companies *** ******** ********* ********* ** ***. ****** ******** ************* from **** *********** – **** **** * ********** *** **** a ************* ***** ** ****. **** *** *** ***** ** are ******** *** *********** *** ************* ** *** *** ******** and ****** *** **. * ****** ** **** ****** *********."

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

VMS UI - Light vs Dark Preferences on Jun 16, 2017
Several VMS manufacturers have the ability to choose a user interface with either a light or dark color theme. 150+ integrators told us which they...
Panasonic Sells VSaaS Company To Eagle Eye (Cameramanager) on Jun 15, 2017
While many VSaaS companies might hope for one acquisition, Cameramanager has managed to get acquired twice. First they were acquired by Panasonic,...
Axis 20MP Q1659 Camera Tested on Jun 13, 2017
Axis has joined the super high resolution camera trend with their Q1659, a 20MP model equipped with Canon's APS-C sensor. We tested the Q1659...
Milestone New "+" Claims To "Conquer The Mid-Market" on Jun 07, 2017
Milestone has declared they are going to "Conquer The Mid-Market" with new "+" releases. Will they? In this report, we examine Milestone's "+"...
Manufacturer Revenue Directory on Jun 05, 2017
This report contains data on the revenue of 32 security manufacturers, trend analysis of whether they are gaining or losing ground and commentary...
Most Disrespected Manufacturer Competitors on Jun 01, 2017
Manufacturers told IPVM what competitor they most disrespected. There was one overwhelming selection that manufacturers felt was harming the...
Ex-ADT President And PE Firm Pay $200M+ For Alarm Dealer Guardian on May 31, 2017
Private equity firms are on the hunt for security companies with strong RMR numbers. One such security company, Guardian Alarm, was recently...
Most Respected Manufacturer Competitors on May 25, 2017
Manufacturers told IPVM what competitor they most respected. In terms of total revenue, Hikvision, Dahua and Axis are certainly tops but would...
IP Camera - 15 Year Shootout on May 22, 2017
How far have IP cameras come? We bought and tested 4 cameras across the past 15 years to understand how much and where performance has...
Hanwha 9MP Fisheye Camera Tested (PNF-9010R) on May 09, 2017
12MP sensor fisheye panoramic cameras are becoming increasingly common. We have tested Hikvision's DS-2CD63C2F as well as Panasonic's SFV481 4K...

Most Recent Industry Reports

Uniview Low-Cost Bullet PTZ Tested on Jun 21, 2017
Uniview is offering a HD zoom bullet camera, the IPC742SR9-PZ30-32G, with an integrated pan / tilt positioner, for the price of a low-cost...
QSR Video Surveillance Best Practices on Jun 21, 2017
Fast food restaurants or QSRs (quick service restaurants), are frequent victims of crime and fraud. Because they are open late, deal with cash, and...
45 Drives 'Lowest Cost' Enterprise Storage Company Profile on Jun 21, 2017
45 Drives claims the "lowest cost per Hard Drive Slot in the industry." But who or what is '45 Drives'? What started as a product design to...
No Hack, Still Liable, Court Finds ADT on Jun 20, 2017
Recently, ADT has been in the news for a $16 million settlement for a cyber security vulnerability class action suit. One of the most important...
Resolver / PPM 2000 Incident Management Platform Profile on Jun 20, 2017
You might have seen the company whose employees wear hockey jerseys at trade shows and wondered "what do they do?" PPM 2000 has been active in...
Axis P3225 Mk II Tested Vs. Original on Jun 20, 2017
Axis has released a number of 'Mk II' versions of their cameras, which are the same fundamental camera but with specific improvements. We tested...
Directory of 40 IP Camera Manufacturer Discovery Tools on Jun 19, 2017
Locating the IP address of a DHCP client or factory defaulted device on a network is often a difficult task.  In another report, we discussed...
Dahua Demotes USA CEO on Jun 19, 2017
Dahua has demoted their USA CEO Tim Wang. Inside this note, we examine the move, Dahua's challenges and what lies ahead for the...
Avigilon Increases Prices In Canada, Europe and UK on Jun 19, 2017
While many video surveillance companies are racing to see who can cut prices the fastest, Avigilon is taking a contrary approach, actually raising...
VMS UI - Light vs Dark Preferences on Jun 16, 2017
Several VMS manufacturers have the ability to choose a user interface with either a light or dark color theme. 150+ integrators told us which they...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact