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 ****** *** **. * ****** ** **** ****** *********."

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