Panasonic Acquires VSaaS Company (CameraManager)

By John Honovich, Published Jul 12, 2013, 12:00am EDT (Info+)

The first deal in the VSaaS market has occurred with Panasonic acquiring Netherlands based CameraManager. We spoke with CameraManager on the details of their business and the deal to get a better sense of the impact and future of this move.

Background

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Comments (7)

John Honovich

IPVM | 07/12/13 05:30pm

Btw, no one won our $500 contest. However, we are rolling it over. So if you want to win $500, enter your guess about who will be acquired next here.

Eduardo V. Duffrayer

07/12/13 09:04pm

I believe that Schneider did not get the expected results with Pelco, Pelco is NEXT!!!

Scott Sheldrake

07/14/13 07:04pm
Off topic but I know a guy who works for Schneider and apparently they have just abandoned Pelco internally. It operates with a skeleton crew and there is nothing really happening. This is all heresay but apparently the purchase of Pelco was a big costly mistake. As for acquisition I'm going to throw out DropCam as it seems vSaaS is all the rage

John Honovich

IPVM | 07/14/13 08:25pm

I know there have been changes in Pelco, for instance, the VP of Marketing recently was promoted to the 'VP of the Video line Business Unit,' i.e. Pelco. But there's still a ton of people inside Pelco plus Pelco released a slew of new products this Spring.

Oh, by the way, inside the VP of the Video Line Business Unit's LinkedIn Profile, it would appear Pelco does $435 million revenue in comparison to the $506 million it did in 2006. This is consistent from what I have heard from others that revenue is now below where it was when Schneider acquired Pelco.

Brandon De Libro

07/15/13 03:44pm

Any news on what Panasonic paid for CameraManager?

John Honovich

IPVM | 07/15/13 03:46pm

No, I have no idea what Panasonic paid.

Undisclosed #1

07/17/13 11:53pm

The deal for the Pelco aquisition by that chinese manufacturer was a couple of hundred bucks* too short...

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