Revenue *******
** *** **** ******, *****'* ****** revenue *** ******** ~**%, **** *********$*** ******* ** **** ** ~$*** million ** **** (*** ********).
****** **** ****, *** ******** (**** excluding *****) *** ****** ******* ** size. ** ***** ****** ********** **** (average ***********), ***** ****** ** ***** $1 ******* ****** *******, **** **** 3x ***** *** ~$*** ******* **** are *****.
Valuation **** * *******
***** *****'* ********* *******, ** ***** a **** ***** *** ***** ***** would ** ** *** $*** ******* range, $* ******* **** **** **** Schneider **** *** ***** ****. *********'* 2006 ********* ** ***** ** ** revenue *** ********** ****, *** ***** the ********, * ********** ********* *** would ** **** ****.
***** ********* ** ** * *** of ****** ***** ********* ******* ***** ***, if **** ***, ********* ***** ** ****** quite * *** ****.
Still ********** ***
**** *****, ***** ** ***** * relatively ***** ******* *** *** ***** surveillance ******. *** *******, **** *** roughly *** **** **** ** ********, in ***** ** *******. ******, ***** are **** * ******* ** ************* doing **** **** $*** ******* ** revenue; **** ***** *** **** ******* at ~$*** ******* ******* (** **** ~$120 ******* ** **** ******* **** Pelco *** ** **** ****).
****, ***** * ****** ** ***** analog ********* **** ********* ************* ** the **** ******, *** **** ******* being *********** ** *** **** ***** ********* Micros.
** *** ***** ****, ****** ********* like ******** *** **** **** **** won **** ***** ** ****** **** integrators **** *** **** ******, ***** struggles ** **** ** *** ***********. Indeed, *****'* **** ******** **** *** **** decade *** **** ***** ********* ** extension *****, *********** ***** *** ********* customers **** ***** ****** ***** *******.
Causes - ** *** ******** *******
*** *** ******* ******* ** *****'* ******* were:
- ******** ** ********- ***** *** ******** **** *** significant *****, ********** ****** *** **** - **** **** *****, ** **** IP ******* *** *** ******* (*.*., see ******* ***** ** ****** **** ******* ***** *** ****). *** ******** ******* ** ** during **** ****, *** ***** *** not **** ** **** **** ****.
- ******** *******- ** *** ***-********* ***, ***** was **** ***** *** *** ****** customer *******. **** ** ***** ****** products **** ******* ** ******, **** distinguished ********** ** ******* ****** ** customer *** ***** *******. ********* *** that.
Back ** ****?
** *** **** *** *****, ***** has **** **-********* *** ** ********* more ******* *** ****** ******. ******, 2 ***** ***, *** **** **** of *********:
"***** ** ****. ... ** *** acknowledging **** **** ***** *** ******** by ********* ********, **** ***** ***** acquisition, ** *** ********** ******* *** a ****** ** ****.... ** **** track ** *** ********, *** ******. We **** * ******* ***** *** that."
New *** / ********** ********
***, ***** ** * *** ***, Sharad ******* [**** ** ****** *********],**** *** ****** / ********** ********. **** **** ** **** ***** from *** *** **** ******, ** is ***** **********, ** ********** *** immediately, ***** ******* *** ******** ********. For *******, ***** ** ** *** middle ** ******* ** * *** VMS, **************** **** **** ********** ******* ***** * struggling *****. ***** **** **** *** ahead ** ******** ** ********* *** products ***.
**** ******** **** ***, *****'* *** *** flatly ****** *** ***** *** ********* for ***** ** ** **** ***. Rather, ** **** *** ******* ** ** grow ***** *** **** ***** ********.
*******
********* *** * *** ** ****** to ***** **** *** **** ******. We ** *** **** ** ** is ******** ** **** ***** ******, especially **** *** ******* ******** **** China / ********* *** ******* ** once **** *** *** ***** ** Pelco's ******** *** * ***** ****** Axis.
***, ** ***** ** ** **** it ******, **** **** **** ** deliver **** ****** ******** **** **** **** fully *********** **** *** **** *** Avigilon's ** *** ********.