ObjectVideo Acquired by Alarm.com

Author: Brian Karas, Published on Mar 14, 2017

Once potentially the most recognized name in video analytics, ObjectVideo has effectively been sold for pieces.

Alarm.com has now acquired what remained of the company following Avigilon's 2014 acquisition of ObjectVideo's patents for $80 million.

In this report we analyze this acquisition by Alarm.com, and also reveal details on the acquisition price, which Alarm.com is not disclosing in their releases.

**** *********** *** **** ********** **** ** ***** *********, *********** has *********** **** **** *** ******.

*****.*** *** *** ******** **** ******** ** *** ******* *****************'* **** *********** ** ***********'* ******* *** $** *******.

** **** ****** ** ******* **** *********** ** *****.***, *** also ****** ******* ** *** *********** *****, ***** *****.*** ** not ********** ** ***** ********.

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

What ******** ** ***********

*****.***'* ***** ************* *** *********** ****** ***********'* "********, ********** ********* *** *********", ******* * ****** ******** **** OV ****** **** *** ********* ** *********** ** *** ********* OV *********. **** ***** *** *********** **** ** ** "*********" **** * *********** ***********, ** ** *** ****** ********* value ** *** ******* ***** ******* *** ******* ** ******** previously.

***** ****** ***** **** ********** ******** *** ***** ********* ***** ago, **** ******** *** **** ********** *** *****. *******, ** believe ** ***** *** **** ********** ********* / ********.

Acquisition *****

*** *********** ****** ** *** $* - * ******* *****, IPVM *********. ***** *****.*** ** *** ********** *** *********** *****, it *** ** ********* **** ******* ******** **********'* ****** ********* *********:

*** ****** *** **** ******* ** **** ******** *** ******** to **% ** *** ******** ** * ****** **** ** ObjectVideo. ************, ******** ** ******** ** * ******* ** ******* revenue *********** ******** *** *** ******** *** ******* ******** *** sells:

** **** ** *** ****** ***********, ******** ******** ******** ~$*.** from *** *********** ** *****, **** $.*** ***** **** ** escrow, *** *********** ** ** ********:

*** $*.** ** **** ****** ******* **** *** ****** *********** of ***********, **** *** $.*** ***** ******* ** ******** **** ObjectVideo ** ** *** ******* ** **********, ** ********* ** collect **** ****.

Becoming *********** ****

*****.***'* ********** ****** *** *********** *** **** *********** **** ** renamed *********** ****, *** **** ******** ********* ****** *****.***, ********** analytics-related ************* *** *****.***'* ********.

*** ********** ******* ** **** **** ********* *** ***** ** the **** ********** ****, ****** ** ****** ** ********** *** Object ***** ********* **** *****.***.

Alarm.com *********** *****

****** *** **** *** *****, *****.*** *** *************-**** ******* ******** ***** **** *********** $*** *******, ** **** ** ******* ***** ************, *********-*(** ***** **** ********). ***** ************ *** ** ** *****.***'* overall ******** *** ********** *** ******** *********-**** ***** *** ********.

Video ******** ********* *****

**** **** ****** / **** *** **** **** *** ***** based ***** *********, ** ***** **** ***** *** *****.*** ** add ******* ***** ********* ** ***** *****-******* ******* ***** **** customer **** ** ** ********** ********* / ********.

Comments (5)

Just a guess... I doubt that ObjectVideo had that many employees left... but it's possible that ObjectVideo still had accrued losses totaling millions of dollars (especially if the sale of IP assets to Avigilon was structured to minimize tax gains). That may still be worth millions of dollars for a profitable US-based acquirer like Alarm.com.

ObjectVideo will be renamed ObjectVideo Labs...

Because "Labs" has such a positive industry association, especially with video analytics.

Because "Labs" has such a positive industry association, especially with video analytics.

But Alarm.com does not really operate much in the traditional commercial / industrial segment of the business so I doubt that BRS Labs means much of anything to them.

I grant you, anytime I hear companies with the word 'Labs' in them, I am skeptical unless it is clearly something with strong academic ties / foundations.

...I doubt that BRS Labs means much of anything to them.

I didn't realize they weren't members ;)

I think most IPVM members never cared about BRS Labs. While BRS blew throw maybe $200 million, they never had that many customers and therefore did not touch / interact / impact most companies in the space, and certainly not in residential which is Alarm.com's core market.

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

IBM / Genetec Surveillance System Investigated Over Philippines Human Rights Abuses on Mar 22, 2019
A lengthy investigation into an IBM video surveillance project in the Philippines, raising concerns IBM helped local police conduct a bloody...
Large Hospital Security End User Interview on Mar 21, 2019
This large single-state healthcare system consists of many hospitals, and hundreds of health parks, private practices, urgent care facilities, and...
OpenALPR Acquired By Mysterious Novume on Mar 13, 2019
Startup OpenALPR has been acquired by Novume, a company virtually unknown in the industry. While there are many LPR providers (see our directory),...
BCDVideo Expansion And Switch From HP To Dell Examined on Mar 11, 2019
BCDVideo says they have more than tripled revenue in the past 5 years and are continuing to grow, powered most recently by switching their lead...
Church Technology Director Security Interview on Mar 07, 2019
With 40+ years of experience in IT from a wide array of verticals, including US and foreign military, and large corporate and industrial settings,...
Police Department Surveillance Manager Interview on Feb 28, 2019
Former Memphis PD Surveillance Manager, Lt. Joseph Patty retired months ago, but kept busy during his decades on the force, working to build up...
BluB0x Company Profile on Feb 20, 2019
BluB0x has doubled in revenue every year since its founding in 2013, according to CEO Patrick Barry. We originally reported on them in 2015. At the...
Solink Raises $12 Million - Company Profile on Feb 12, 2019
Most industry professionals have never heard of Solink, a company whose tagline is: It's time to revolutionize the way business uses...
Barnes Buchanan 2019: Despite 'Strange Narrative' Great Time To Be In Security on Feb 11, 2019
A "strange narrative" is being spun, said Michael Barnes at the 2019 Barnes Buchanan Conference. However, despite that narrative, it is a "great...
ONVIF Video Surveillance Tutorial on Jan 29, 2019
ONVIF is well known within the surveillance industry as an interface to connect IP cameras and VMS systems. However, new users may find it...

Most Recent Industry Reports

IBM / Genetec Surveillance System Investigated Over Philippines Human Rights Abuses on Mar 22, 2019
A lengthy investigation into an IBM video surveillance project in the Philippines, raising concerns IBM helped local police conduct a bloody...
Eagle Eye Favorability Results 2019 on Mar 21, 2019
Eagle Eye has been the biggest spender in the cloud VMS market including (via their owner) acquiring Brivo for $50 million and CameraManager from...
Large Hospital Security End User Interview on Mar 21, 2019
This large single-state healthcare system consists of many hospitals, and hundreds of health parks, private practices, urgent care facilities, and...
Silicon Valley Cybersecurity Insurance Startup Coalition Profile on Mar 20, 2019
Many industry people believe cybersecurity insurance is not worth it, as the voting and debate in our Cybersecurity Insurance For Security...
Covert IP Camera Shootout - Axis, Hanwha, Hikvision, March, Vivotek on Mar 20, 2019
Covert cameras were one of the last holdout areas for analog cameras. However, in the past few years, IP / HD covert cameras have become...
Top Metrics For Ensuring Integrator Profitability - Statistics on Mar 20, 2019
How do integrators ensure the profitability of their projects? As part of our profitability study, 100+ integrators answered the following...
Avigilon Launches 'Renewed Products Program' on Mar 19, 2019
There are lots of 'pre-owned' cars but pre-owned IP cameras? While such programs are common in other industries, in video surveillance, they are...
Genetec Security Center 5.8 Tested on Mar 19, 2019
Genetec has released Version 5.8. This comes after a wait of more than a year that caused frustrations for many Genetec partners. Our previous...
Retired Mercury President Returns As Open Options President on Mar 18, 2019
Open Options experienced major changes in 2018, including being acquired by ACRE and losing its President and General Manager, John Berman who...

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