Pelco Is For Sale
Pelco is for sale, being shopped by an investment bank, IPVM has confirmed from multiple sources.
The company, acquired by Schneider Electric in 2007 for $1.5 billion USD, has been mismanaged by Schneider in a decade of decline.
In this note, we examine how the sale is being positioned, the potential valuation, the failed 2013 Hikvision acquisition of Pelco, who would make the most sense to buy Pelco now and what is the future for Pelco.
UPDATE March 2019: Pelco is now in the final stages of being sold, says Pelco.
UPDATE May 2019: The deal is done and some employees have been laid off, according to various sources. And Schneider has announced / confirmed the deal is done.
Overview ** ****
*****, * ** ********* **** / investment ****, ** ******** ***** ** various *********. ******* ** **** ***** is ******** **** ******* ** ** seen *** **** **** ** ******* can ****** **** ****** ** **** a ******* ****** ** ** ********** price.
Sales *****
***** ** ********* ***** ** ***:
- "**** ******** ********** ***** ** *** video ******** ********" - **** ***** be ****, *****, * ****** ***. By ********, ******** ************ *******
- "******** ********** ****" ****** *** ******* has *** **** ********, *.*.,***** *** ** *********** ***** *** ********* ***** **** Out
- "***********‐**** ********* *****", *** **** **** down ***** *********, *.*.***** ******** **** ****** ****, ****** Off ***
- ********** $*** ******* **** ******* *** 34% ***** ****** (***** ** ***** low - **** *** ******** *** ~50%).
Revenue / ****** ***** ******* (** **** *** ********)
*****'* ******* *** ****** ***** **** declined ************ ***** *** ********* ***********. Even ******** ***** **** $*** ******* in ****, **** ** **** **** $506 ******* ** ****. ** * sense ** **********, **** *** ~$*** million ** ******* ****** (**** **********), **% **** **** ***** ****. Last ****,****' ******* *** **** * *******, ** *****'* ******* *******. ************* below:
************, ******** *** *** ***** ** 2005 *** *** **** ~** *****'* revenue.
Failed **** ********* ***********
********* **** **** ***** ** ******* Pelco ** ********* ** **** ***, according ** ******** ******* ***** ** the *******, ********* ****** *** **** and *** **** *** *** ** through. ** ** ********* ** *********** "what **" *** **** ***** *** undoubtedly ********* ***** **** ****** * lot **** ** **** **** **** will *** ***** ** ****.
Valuation $*** ******* ** ****
***** ****** *** ***** ******** ******* will ***, ** ******* ******** ****** would ** **** ** ******* ****** more **** $*** ******* *** *****. Quite ******, * ******* ***** ******* has **** **** ****** **** *****, whose ******* *** ***, *** *** has *** **** ********** ******** ** not ***** * *******.
*** ******* ********** *********, *** ** *** ** **** for * ********** ***** ****** ******* *** ** declining ***** *** ********** ******** (****** Arecont's ***** ******* *** ******* ****** than *****'*).
Simply *********'* *****
**** ** ***% *********'* ***** *** they *** ***** ** **** ** for **** **** * ******* ******* than **** **** ****. ***** *** a ***** *****, ***** **** ******* and ******** ****** ****** *** ************. Schneider ****** ***** *****'* ******** *******, tried ************* ** *****-**** **** ***** Schneider *********, *** ******* ******** ***** from ****** ********* ******* ** ****** every ***** ***** ************ ******* ***** adjusting ** *** ****** *** ************. We *** ********* *** ******* ****, absent *********, ***** ***** ** *** of *** *** ************* ***** *** they ***** ********* *** ** ** such * **** ******** **** ********* has *** **** **.
Best *** - ** **** / ********** **********
***** **** *** **** ***** *** most ******** *************, ******* ************ ** generally **********, ***** ***** *** ***** product ********* ******* ****** *************** **** typically ********** ******** ****** *************.
** ********, * ******* ****** **** that *********** ** ******* ****** ******** companies ***** ****. ******* ***** *** been ** ********** *** ************* ** Schneider, ***** ** ***** ** '******' simply ** ******* ** ** * real, *******, ***** ************ ********.
********, ***** *** * *** * shortage ** ************* ********* *** **** end ** *** **** ** *** bottom *** **** ** ****. ** the ******** **** *** *****, **** the ********* ******** ** ******* ***** surveillance *************, ** *********** ** ***** surveillance ************ ***** ******** ****** ** a **** ******* ******.
Future *******
*******, **** ** ** *** **** is *** ********* ********* ** ** selling ***** *** *** *** **** they **** ** **** *** ***. After******* *** **** ***** *** **** than * **** ****** **** ********** * ********* ****** who *** ******* **** *********, *** time ***** ** ***. *** **** should ** ***, ***** ********* ** not ***** ********** ** ***** *** favors **** ***** ******* *************.
Vote / ****
UPDATE ***** ****
*** **** **** * *****, ******* industry ****** **** ********* ********* **** Schneider ** ********** * **** ** Pelco. **** ******* ****** ****:
********* ******** *** ******* ********* ************ with ******* ******* *****, * *.*.-***** private ****** ****, ********* *** **** of *** ***** ******** ****
******: *** ******* ****** ** ***** on ****** ******* *** ****** ** *****'* own *******:
** **** ** * *** **** when *** **** ** ********. *******, Schneider / ***** ******* * ***** release ** * **** **** ** not **** ** ****** ********. ** the **** **** *** ** *******, Pelco **** ** ** **** ***** shape ** ******** ***** * **** failed. ** *** **** ** ********* done, ** ** ******* *** **** would ******** *** ****** **** ******* the **** ** *** ***** ****** to ********** ******** **, ** ***** the ********* ** *** ********.
**** ******* ******** / ********* ** the ** ****,*******, **** ** **** ** ** negotiating / ****** *****.
******* ******* ****** ** ********* ********** of ********* **** *******:
** **** ********* * ********** ******** to ***** ******** ***** ** *** ARMOR℠ ***** ******** *******, ***** ** an ******* **** ****** **************,*************,********** &**********, *********.
***** ** *** ******** *** ** a ********** ** ****-***** ****** ******* for **** ***** ** *** ********** timeline ** ****** *********** ****** ********, create *** ******* ********, ***** ******* growth, ******** *****, ******* **********, ******** service *** ******* *******, ****** ******, tighten ********* *** **** ********* *** their ********* ***** ** *** *******.
**** ***** ** **** *** ***** depending ** *** ***** '***** ******** process' ******* ****-******* *****, *** **** improved ***** **** **********.
*** ******** **** ** **** *** firm **** *** ********* ****** **** operations:
** **** ***** ** ****** ** businesses **** **** $** ** **** flow; *******, ** ******* **********, ***** segment ****** ** *********** *** *** experience ***** * ****** ************* ****, we **** ****** ** ********* **** negative ** ****** **** ****.
***** *** **** *** **** *** if ** ** ***** ** ** a **** ****** (*** *** **** patched ** ** ****), *** ******** is ***** ** **** ** *** in **** ***** ** ************* *** Pelco's ******** *** *******.
***, ** * ***** ** ********* / *****, ***** ** **** **** 1% ** ********* ********'* ~$** ******* revenue, ** ***** ** *********** ********** to ********* ******.
*** **** ***** ***** *** ****** the **** ******* **** *** ***: Pelco *** ***** ***** ** ****** to Schneider.
***** **** ****** **** ****** **** they ***** ** *** **** *** $100m, *** * ***** **** **** serious *** ** ****** ** ***** seriously. ***** ***** (****** * **** made ** ******** ******** **** *** guys ****) ** **** "******** ********" that ******* * *** ** ***** that *** ****** ******* ** * shot ** **** ******* *****.
* ** ****** **** **** ****** about ** *********. ***** ** ** fair ** *** * *** ** what *** **** **** ******* ** is *** *** ********* *** ********** specifications?
*** *****, ***** * ******* **** buy **** ******* *** ***** *** we'll **** "*****" ** "******".
*** **** ** **** * ***'* understand ** **** ********* *****'* ****** to ** ****** ** **** *** modernize ***** ***** ** ***** ******** (energy, **********, ***). **** **** * ~20 ******* ******* ******* *** **** they ****** *****, *** **** ********* to **** ** *** ~** ******* number ** ****. * ***'* **** how **** ******** ** *** ****** of ***** ********** *******, ***** **** is ****** **** *** **** ******?
*** ***** ****** ******** ** ********* internally ** ** ******** ** *** of *** *****, ********** ** **********, or **** ***** ****** ***** **** have ******************* * ***** **** ***** (** many ****** ** *** ******** **** to ***** **** ***)?
** ********* *** ******* *********** ** all ******, * ***** **** ** head ****** **** **** ******, *** to ** ** ****** *****'* ****** that ** *** ****.
**** ***** ****** ***** **** **** to ************* **** * ***** **** ***** (** many ****** ** *** ******** **** to ***** **** ***)?
***, * ***'* ***** **** ****** think **** *** ** *************, ** if ** *** **** ***** ** corporate *********** ***.
*** **** *********** * **** ***** from ****** ***** ** ********* ** that ***** *** ****** **** *** other ****** **** ********* *** *** therefore ********* *** ********** ******* *** proverbial ***** *** ** *** ****** hole. *** *** **-********* ** ***** people ******* *** ******** ****?
*'* *** * ********* ** ***** employee, *** *'** **** ******* ** "aqui-hire" ****** ***** ****** ** * much ****** ******* **** *** ******* to ** **** ********. ** ****'* work ***. **** **** **** ** being ***** *** ************ ** ** industrial ****** *** ****** ***** *** distribution *** ***** *********. ***** ******** leaders *** ** ** *** ********* stepchild **** ** ******* **** *** parent ******* *** **** ***** ***** to ***** ** *** ***** ***** clientele *** ***** *******, *** ** never **** ** ********. * ****** peg ** * *** ** ***** holes *** * ****** **** *******. If ***** *** **** *% ** Schneider's ******* *********, **** *** **** should *** ** **********. * **** Schneider *** ***, * **** ***** knew ***** *** **** ************* ***** to **.
***** ******** ***** *** * ****** enough ******* ******** ** *** ********* ecosystem **** ****** ***** ** **** it ********. *** **** ** **** a ***** ** ** ****.
* **** ********* *** ***, * just ***** **** ***** *** **** comparatively ***** ** **.
**** ********* ****** *****, ***** *** just ***** *% ** *********'* ******* (i.e., ***** - ~$*** *******,********* ~$**.* ******* ***). ****, **** *** *****, ***** was * ***** **** ** ***** but **** ********* **** *** *****.
** ******* *** ****** ** ********* Electric ** *** ******** ****, * can **** *** ** *** **** frustrating ****** ** ********** *** ***** business *****, ** **** ** *** overall ******** **** ********* ***** ** maintain ** *** ******** ********, *.*. sometimes ********* ** * ************ *** sometimes ********* ** * **********/**********.
*** ******* ****** ***** **** *** big **** ****** **** ******* *********** market ***********, **** ****** * (******** knows ****** *, *****?) *** ***, as **** ** *** ********** ********** business.
** *** *********** ** ********* ******* in ***** ** **** *** ********* the ******** ******, *** **** ** think *** ******** **** *** ****** established ******* ***** **** ******** ******** is ********. ***, ***** **** ******** wins ** **** **** ** *-***** accounts, *** ****** ** ***** ******* than * ********** ******** ******** ***** have **** **** ** *******. ** anyone *** *** **** **** ***** projects ** * ******* ********, *******, Schneider, ***., ** ** *** *** a *** ***** ** ** **** to ***** ****** ******* ****'* *****, often ** *** * ****** *****, and **** *** "****** ** ******* and *** ***** ** ******" .. lol
***** **** ******** ** **** * very ***** ********** ** **'* ***** sales, ** **** ** *** **** that **** ** ** ****** ******* company ******** ** **** ** ********** "partners" (********* * ****** *******), ***** in *** **** ************ ****, *** have * **** **** ******* ****** for *******.
** *** ****** ** *** ***** with *****, **** ** ***** ** doing *** ********* *** * ***** bid, **** ***** **** ***** **** in ** **** *** "**** **** us ***** *** **** ** ** and **'** *** *** * ******* quote". **** *** ***** **'* ******* taken *** *** *** ***** ********, AMAG, *******, ** **** ***** ************ that *** ** *** ****.
******, ******* ** ***** ***** ******** ample *** ******* ********* ** ******/*******/********* their ****** ******* ********, * ******* they **** *** **** *** ********** non-committed ***** ** ******* ******** *** Feenics ***** ***. **'* **** ** the **** *** ********* *** ****** f/w **** ***** *** **** *** controller, ***** **** ****** *** ********-**-******** automation *********** *** * ****** **** idea ***** ** ****** **'* *** to **** ** **'* *** *** BACNet, *** **** ****** ***** *** to ************* **** ** ***** ******-***** building ********** ******* *** ******** ********.
*** **** **** ********* ******'* **** a *** ** ** **** ***** further *********** **** ** ** *** really ** *** ******** ******** ***... they *** * ******* ********** ** the ******* ****** ***** ******* *** depth *** ******* *** ******** ** sustain ****** ** *** ****** ** their ******** ********* *****. ***** *********** partner/dealer ******* **** ***** ***** **** the ******* ******** *** ** * strange ************ ***** ** ******* ************ markets **** ********* ****** *** ******** to *** *** ** ******** ** projects.
***** **** ******* ********* **** **** with ***** *** *****, *** **** are * **** ******* ** **** for **** * ******** *** ********* standpoint. ***, ** ** **** **** a ******** *******, ****'* ** *** of ********.
*********** *******, ****** *** *******.
*********'* **** ** *** *******-***** ****** system ***** *****, *** ** *** left ** ********* **** ** ******* Continuum ******** *** *********.
***** ****** ******** **** ********* ******* or ***** ******"** ********* ***-**-*****?"******* **** ****** ** ** *** knows *** **** ****'* ***** **. They ****'* ***** ** **** ** dead, *** **** ** *** ****** committed ** ******* *********** ** ******* either.
* ******** ***** ***** **** ** *******. That *** *** ***** **** ** the **** ** ****** *** *** worked **** ** *** *** **** Continuum ** ***** ********** *****. *** replacement *** ********* ** * ****. It ***'* ** ******** *** * think **'* **** ******* ** ** SE *** *** **** ****'* ******* their *********, *** **** ** *******: they ********* ***** ********* *** **** them **** * ******** **** ** deal ****. * ***** ***** ********* anyone *** ******** **** ** ** security ******* ***** ***** ****** ** one ** *********** *** ***********.
*** ****** *** ***** **** ** if **** *** ********** **** **** had, **** ***** **** ****** **** Pelco *** ********* **** ******** ******. Continuum *** **** ****** ********* **** go **** ** ******** **** *** I ***** ***'* ***** *** ****** out ***** *** ***** *** *********** of **** ********, ********** ** *** panel *****. ** **** ******* **** stopped ********** ** ** ***** *** when **** ****** **** **** ******* more ****** **.
***** *** *** ********** *** **** important *** ****** *** *** ********** to *** ******* ******** *** *** customers. **** *** ****** *** *** number, *** *** * ******. **** they *********** *** ** *** *** were ******* *** **** ****** **** what **** **** ******* *****. *** ***** time * **** ****** *** ****** plant * *** ***** **** ** the ********** ** ******** ***** ** the ******* *** *** *******. **** tour *** **** ** * ******** class **** *** ***% **** *** integrators. **** **** *** *** *****, the ****, *** **************. *** **** thing ** ********** ****** ** *** for *** ************** *****. *** **** of **** *** **** **** **** up *** **** *** **** **** and ******* ** ********. ************* **** *****'* show ** ** *** ******* ***** so ** **** ****'* *** ** and ****** ** *** ****. **** lost *** ***** **** ****** *** for *** **** ******* ***** ** seems **** ******** ***** ** ***** though *** ******* *** ******* ***** paychecks.
**** ** * ******* ***** ** all *** ****** ******* **********.
* ******* ***** **** *** **** are ******, ** ** ******** ** SE ***** **** **** ** *** reality *** ******* * **** **** to *******.
**** **** ** ****** ** **** bought *-* ********* **** **** ** the ****** ******* ****** ***** *** system ******** ** ***** ***** ** design ** **** ** *** *** systems **** ***** *************.
** **** *** **** *** ******** market, ** ***, *****'* ********** ** and *****'* **** ** **** ** understand **, ******* ******** ** ******** stranded **** ****** ******* ******* **** are ***-********** *** *****-***** ***-********, *** fear ***, ***** ** *** * new ****** ******* ******, ******** ******, for *** ******* *** *** **** see **** *** ******** * ********* ICT.co ******.
*** ******** **** ******* ** *** long **** **** ** ******* **** ICT ****** **** *** ***** *** stops ******* **** *** ***** **, leaving *** ********* ****** **** *****.
*** * ** ****** *** **** the ******* ** ****** **** **** bought ** **** *********, ******* *** branch *** ****, **** **** ***** to ******** *** **** ******** *** doing **** *** *** ********* **** hare ******.
****, ***** *** **** * ********** on ****** ** *** ***** ****** markets ** ** ** ******** ** their ***********?
*** **** ******? *******? ** *** they ******* ****** ** *** ********!
*** ************ *** ******** **** ********* played * *** **** ** ******* pelco *** * ******* **** **** were * ****** ** ************ ***. If *** **** ** *** *********** to **** *** ********, ***** ********** started *** ** ****** ** **** companies **** * ******** *****/ ********. At *** **** **** ***** **** still ******** * ******* ********* ** hugely ********** ******** ******** ***** ****** to ********** **** ** ** *** same ****. ****** *** ******* ****** were ******** ******** *** **** *** success *** *** **** ** ****** brand *** *********** ** *** ****** matrixes. ** *** **** **** ******** they ****** * *** ******** ******** it *** *** *** **** ** the ********.
* ***** *** **** *** **** a ******* ******** ** **** ***** to ** * **** ****** ******* in *****, **** *********** ********. ****** business *******, *** ** *** ****** taught ***** ** *** ** *** biggest ******* * ******** ***** ** getting ** * ***, ** ********* on **'* *** ******** ***** ** is ********* ** ******. **'* * cultural ***** **** ***** ** ******* from *** ***** ***** ******** *** need *** ********** *** *********. *** kind ** ****** **** ****** *** in ***.
**** ** *****, * ******* **** old ******** **** ********* ********, *** would ***** *** ******* *** ********** would ****** ** ******* *** ** stay ** *** ** *** ******, but ******* ****** *** ** **** it *** ** ******** ** ******** as ***** **** ***** ********* **** up, ****** **** **, *** *** they *** * ***** *******. ***** are **** * *** ********.
*** ***** *** *** **** ** "old ***" ******* ** ***** ** very ****, *********** ********* ** *** world, *** ** ***** ** ********** it ***** ****** ****and *** so much faster, you could think of them like that. And kind of like you said, their competitors had an advantage starting with a culture of IP based technologies. But I don't think having a large portfolio of analog equipment is by itself what kept them back, it was their slowness and resistance to change in a way to keep them relevant and appealing.
* *****. **** ** *** * think ********** ****** ****** **** * healthy **** ** "******* *** *****". With *** ***** **** *** **** could **** ****** **** * **** dedicated ** *&* **** *** *** emerging ************.
**** *********** ** ********* **** *** huge ****** ******* ***** ***** ****** to *** ** ****** *** ************* and ******** ** *** ** ********** holds **** *** **. ********* *** Bosch *** ******** ** **** ** well *** **** **** ** ** in *** **** *********** ** *****. None ** **** **** **** * would ******** * *********** *** (********* VI ***** *** **** *********) *** do *** **** ** **** ** as ******* ** “*****”. ** ***** like ***** * *** *** ** the ***** ***** **** ***’* ******* Valley.
****** ** ****: *** ***-*** *****/*****/********* Box *.*!
****** ** ****: *** ***-*** *****/*****/********* Box *.*!
** **** *** *******? **** **** not **** ****.
*** **** *** *** ****** ****** Kings! **** ****** *** **** ****. And ***** *** ********* *** ***** being **** *****, ***.
*** *** ***** **** * ******* is ******* ** **** *** ** these ***** ** ***** ******* ************ is *** **** **** **** **** ever ** **** ** ********* *** passion *** ***** **** * ******* owner *** *** ******** ** ***** staff. ** ***** **** **** "*******" internal ********* ********** **** **** ****** through ******* ********* *** **** ****** to ** * **** ******* ** the ******* ******* *** ****** ****. It ** ****** *** ****** ***** today ** * **** **** ******** of ******** **** **** ** ** days **** ** **********. ** ****** how ***** **** **** ** *** came ***** ** * ******* *** were ******* ** *** *** *** upper ********** *** **** ********* *** important *** **** ** ***** ********.
*** ****** ***** ** ***** ** certainly “**********” ***** *** **********:
*** ****** ***** ** *****
*** ***** ** **** ***** **** from ********* **** * ******** ** the ***** **** **** ***? * am ****** *******, * *****, ***...
***** ** ***** *** *** ***. It ***** ********* ***** ** *** trips ** ***** ********* *** ***** dealers!
************* **** ***** *********** ** * startup *** *** ***** *** ************** he ***** ******* ******** ** ****.
**** ** ******** * ********* **** McDonald, *** *** ****** *** ** Pelco
*'* **** ** *** * ****** by ***** *** *************. * ***'* even ******* *** **** ** ******** given *** ********* ******** **** ********* have. * ***** *** *** ** future ******* *** **** ********* ** the ******** **** *** ******* ************* are ******. ** ********** **** **** deep ******* ***** **** ***** *** companies **** **** ******* *** ** American **** ******* *****.
******** **** ***** *** ****** *********...
******** **** ************* *** ****** *****...
**** ******* **** ** ****? * have *** **** *** **** *** HikVision.
* **** *** $***.
*** ***** ******* **** *** ******** people, ** **** ***** ** *** isle, ***** ** ******* *** ****!!!
* ***** ******* ****!
**** *** ******** ********** ********** ** *** their ****** **** ***?
**** **** ** **** ** **** Art ** *** **** **'** ***** so **** ** ******.
***** ** ********** **** ** ***** as *****, ** ** *** ***** using **** ***** ** ****** ***** than ****** **** *********. ** **** allow ** **** *** **** *** we **** ** ** ***** **** this **** *** ** ******* ***** forward.
** * ****** ****** ** **** I ** *** ******* **** **** news. * ** *** ********* ** the ****** ******. ** ** *** comply **** *********. **** **** ** shut **** *** **** ** **** down ***********..
**** ***** **** ** *** **** be *********. "***.******.***" ***** ** ** resolving ** "***.****.***" *** ***, ***** would ******* *** *** ***** * sock-puppet ****** ******* ** *********** ****.
*** ****** ***** ***** *** **** expert **** *** ******* **** ***** and ********* *** ***** ***********. * have ********* ****** ** ****. ** will *** ***** **** ** ******* harm ******** ****. ******** **** *** at ****. ** **** ***** **** to ******* **** **** *** **** soon ** ****. **** ******* ***** Again.
* ** ********** *** ***** ** this, ********** ****** ****. *******, ** general, ** ****** ***** **** ********. Any **** *** * **** ********** delete ****.
***** * ***** ** ********* *** relative ***** ******* **** *** ***** over *** **** ** *****:
* ******** * *** ********* ********* the **** ** * ******** ***** rep *** ***** ***** ****** * years ***:
*. * ***** **** **** *** continental ***** ********. * **** *********** guy **** **** ********* ** *** industry.
** ******** **** ***** / ********* made **** ********** ******** ******* *** last *****, *** *** ***** ** that. **** ****** ** *** ** again *** **** ******* **** * clear *****...
** *** * ****** **** *** very ********* ******** ** *********** *** ideas.
*. * ***** ***** *** **** step *** ** *** * ***** conference **** **** **** *** *********** sales ********, *** ******** **** **** other ********** ** *********.
**** ***** (***) *** **** ** was ********, ***. ** *** ****** able ** ****** * ****** ***** conference ****. ********* ********* *** **********.
**** ***** **** ** **** ** got **** *****, **** ***** ******** was ********* *** ** *** ******** industry *** *** ** **** ** the ******, *** *********, *** ************ and *** ********* ** ******.
***** *** ** ***** ** ******** about ********* *******. *** **** ***** he ******, *** ** *** *** big ********.
** *** ** * ********, **** didn´t **** ******* **** ***...
** * ***** ********** *** *** a ****** ***** ****** * *** their ****** *** *** ** **** to *** ****** *** *** ****** to **** **. *** ***** *** went **** *** ** ** ******* and ***** ******* ** **** *******, then ** ******* ** **** **. Fast ******* ** ****** *** ** calls *** **** **** ********* **** that * ****** ****. * *** shocked ** *** *** **** ** follow ** ** **** *** *****. Anyway, ******** * **** ****** ****** you *** ** ****** ******. **** with **. ******* *** **** *** down, ** ****** *********** *** ** time ** **** **** ****. ** was * ***** ***** *** ********* ruined **. ***** *** *** *****. RIP *****
***** ******* **** *** ****, * have *** **** *** ******* ** Qognify ***** ***** "* *********** * ****" ***.
**** ********!
** ***** ** *********** ** *** it **** **** *****. * *** see **** **** ********* ** ******* back ** *** ****.
*** ** **** **** *****
** ********* ****** ****** ** *** in ** *****, * ** ********* they *** ****** ** ** *** next ***.
* ** *** ******** **** ***** has ********* ** ******* *** * cannot ******* **** ********* **** ******** be **** ** ***, ***** *** their ***** ****** ********.
*** ***'* ** ****** ***** ** their *** ******* ********?
**** ******* ****** ***** *******
***** **** ** * **** ****** why ***** ***** ** ***** ******** after *** ***** *****.
*** ***'* ** ****** ***** ** their *** ******* ********?
**** ***** ********, ** * ***** of ****, * ******* *** ** Pelco ********** ***** ** ***** **** post ****** **** ** ***** ** on ********* *** *** *******, ** I ***** *********** ***** *********** **** the ****. **** *** *** *******.
**** ****, ***** ***** ******* ** a ****** ** **** ********** **** (1) ** ** ***, (*) ****** Oncam *** (*) * *** *** release.
** ** *****, ** *** ********* open ** ******* *****'* ** *** and ** ***** **** *****'* ** PTZ *** **** **** *** ***** this ****.
***** **** ** * **** ****** why ***** ***** ** ***** ******** after *** ***** *****.
*** **** ****** ** **** ***** used ** ** * ****, ***-**** company, *** *** ** **** '********' as * ******* *** ****-******.
** ** *****, * ****** ***** is **** *** *** ******** ** a ******* ****** ** ******* *********** offerings ** **** *** ***** *** we **** ** ** ********* ***** where ***** ** *****.
* ****** ** ******** **** ***** zenith ***** ** *********. *** ****** pool ** *** ***** *** ** replace ** ***** ** ** ****** climb. * ***** ** ******* ** a ***** **** ** * *** could ****** *** ***** ** **** on *** *******.
** ** *******, *****'* ******* *** the **** ** **********. * ***** almost ******** **** **** ***** **** their *** *** *** **** *** in *** ******. *********** **** ********* the ***** ******** ** ***** ***'* because **** **** ** *** *** best *** ****** ** ******* ** the *** *****. ***** ******* *** innovation, ******** *** "** ***" ** they **** ** **** ** *** then *** ******* ***** ** **** since. * ** ********* **** ********* didn't **** ** **** *** *****, invest *&* *** ***** ***** **** to *** ****** *****. **** *** purchased *****, **** ***** *** * decent ********** *** ****** **** ***********. I *** **** ** * ****** opportunity *** * *** ***. ** seems ** **, ** *** **** to **** ** **** ******** *****, it's *** ***** "**** **** *** done *** ** ******?". **** ** innovation *** *** ******** ***** **** a ***** ********.
*****, *** *** * ******** **, when **** **** **** **** ******** reputation **** ****** *** ***** **** popular ******* **** *** ******* *** the *** ** ******.
***, *** ***** ****** *** ****** been **** ***** ****'* ******** *** I ***** **** ***'* ******** ********. They **** **** ***** **** ****** ***** was **** *** ******* ****. *** only *** *** ***** *** ** to **** **** *** ** **** a **** **** ******* ******** *** a ***** ******** *******. *** ********* world (** ***** ** ***********) **** weren't ***** *** **. * **** think **** ****** ** *** **** and *** ** ** *** **** places **** ** *** ******** ** do ******. *** ** ** ****, they ******* *** **** *** **** on ** ******* *** ****** **** been ****** **** ****, *** * think ****** *** *********** **** **** that. * ***-**** ** ** ****, but ***** *** *** **** **** they *** ***** ** **** *** years, *** *****. ** ****** *** of *** ***** ****** ** *** was **** ****** *** **** ******** to ******* ****** ** **. *** they *** * *** ** ******** managing *** ******* ****** **** **** also **** * ******** ***** **** wasn't *********. *** ****'* * ***** other *****. ;-)
*** ****** ********* ***** **, *** disappointed **** ** ******'* **** **** a ***** * *******.
***** ******** * ***'* **** ** look ** **** *******:
* **** ** *** *****:
**** **** **** ** **** ** well:
****** ***** **** * **** ** Glass ********???
**
*** **** ***** *** ***** *******. More *** **** ** *** ******** we ( *** ***********) **** ** deal **** ** ********** ** *****. IT ***** *** ******** ******** *********/********/********** do *** *** ******** ** **** Century ** ******** ** *********** ** something ***** ***, ******** ** *********** or ***** ****** ****** **. **** is * **** ***** **** *** much *****. **** ***'* **** **** any ** ( ************ ********) ** IP ******** ** ***** ** :) to **** **.
********* **** * *** ***********. *** they **** ** *** **** ***** have **** * *** **** ** millions. *** *********** *** *** ***** have **** **** *** ** ***** Resources to ********** ***** *********/*** ********/*** ******* understanding *** *****.. * ***'* ***** ** would **** **** **** ********** ** Hik ******** **** ** ************ ********** portfolio... ***** ** (**** ********) ***/** at **** ***** ** **** *** worth ********.
* ***'* ***** ***** **** ***** $** million...
*** *****. *** **** *****. ***** ******* irrelevant.
****'* ***** ** **** ***? ********* to ********* ********'* *** ****, **** merged *** **** ***** ** ****. Are **** ********* **** **** *** and ******* ***, ** *** **** selling *** **** *****?
** ****,
*** ****** ** ****?
*****
#**, ** **** ****** ** *** * days ***** **** *** *********. ***** has **** ******** ****** ** *** matter. *** *** ****, ** *** is ** ** ****** ***, **** take ** ***** ******.
******,********'* *********** **** **** **** * ****. *** *** ***** ** ******* someone ******* ** *** *** ***** Schneider *****. ** *** * **** estate *******, ***** ** * ***** upper in * ****** ************, ** ********* are *** ******* ** ***** *** dollar ** **.
* ****** ****'* ***** ** ****** to *** ***** ***********? ****** **** very *** **** ** *****?
******, ** ******* ****** ***** **** had ***** *** ********* / ******* line, * ***** *** ** ***** a *******. *** *** ********* **** have **** (****, *****, ****** *********, etc.) ****** ***** *** *** **** and/or ***** *** *** ********* *******.
* ******* ****** ** * ********* Electric *********** ****** *** **** ***** a *** ****** **** * ******** they *** ** ******** *** **** ******* management *** **** ** ***** *** across *** ***** ******** ******. ** an ******** ****** ****** ***** ******* I ********** *** **** ** ***** product ********** ** *** ** **** ******** in ********** (*.*. *******'* *** ******* were ************** ** *** ****.) ** stated ***** ******** *** ** ** followers *** ******* ** ******* **********. That **** ** **** *** ******** ** decision ** *****.
** ********* **** *** "********" **** are - **** **** **** ***** do *** **** *** ** ****** cameras.
"**** **** **** ***** ** *** have *** ** ****** *******"
****** **** ****!? ****** **** **** till *** ****** *** *****? **** also ***'* ****, ** **** * bad ******* ****!?
**** ****** **** *** **** ****** have **** *** ******* **** ******* it. *** *** *** ****.
***** *** ****** * ****** ****/*********/****/******** released ** ****** *******? :)
**, ******* ***** *** *** ****** in ** ****** *** *** ***** struggled, ** **** ***** *** **** sense ** **. *** *** **** free ** ****** **** *** ********** on *** ***** ******.
***** ********* **** ******* ** **** it's **** * ****** ** ****** timeframe *********. *** ***** *** *** all **** ****** *******.
**** ** ****** ****, *** *** mature ************* **** ** **** **** IP, *** ******* *&* *****. ** Pelco **** *** ****** ** ***, they ***** ****, ** ****** ******, volume ****** ******** ********* **** ***** as **** **** *** **** ***** appear ** **** **********. *** *** sure, *** *****?
* **** **** ********** ***** ** what ******* ***** **** *** ** us *********, ******/******/****.
*** ***** ** * ******** *****. Very *********** *** ***********.
** **** *** * ********* ***** partner ***** ** *** ** ********, but ** *** ******* ***** ** drift **** ***** **** ******* ****** experiences.
*** ***** ** ** (** **********) is **** * ********* *** *********** team ***** **** ******* ******* *** leveraged *** ********** ** **** * successful *** ** *** ** *****.
*******, ** ********* *** *********** * manufacturer **** ******** *********/****** ** ******** process: ********/******* ***** ****** **** ***** developing ******* ** ********.
**** "*****" *** ****** *********** **** with ***** *** *** *******, ***** made ****** ********* ***** *********** *** open ************ ** *** ****** ***** where **** *** *********** ** ******** leading ***** *** ********** *** ******* service *** ******* *** ***-*****.
******* **** ********* *** ********* ****** could ******** **** *** * $*** song, **** ** **** **** ***** to **** * ******* ** ****** their *** ***** ********** *** ****** as *** "********" **** ** ***** to *** **** ** *** ****........
** *** *** *** **** ******** with**********?
********** ********** *** **** *********** ******* when ** ***** **** ***, **** problems ** ** ***** ******* *.*. It *** ***** ******** ***** ****** now, *** **** **** ** *** tell, **** ** **** **** **** worked ***.
********** ************, ***** ** * ***** developing *******, ******* ** ***** **** some ****. ** ** ******** **** similar ** *** ******* ****** **** of ******** **** ** **********, ** I ******* **** *** **** **** layered ***** ** *** ****** ******** over *** ******* ****** ******** ****. The ******** ************ ******* ** ********** different **** *** *** ********. ************ does *** ******* * *************, ********** does.
** **** *****, **** ****** ** be ****** ******. ** ***** ** quite * *** ** ***** *** products, ********* ******. ** **** ***** awhile ** **** *** *** **** with ****** ***, *** *********** *** same ***** ******** **** **.
********-****, ** ** * ********* ******* at **** *****. *** ******* ** support *** ***** ******* ** ******** a **** **** **** ****, ***** Endura *********** ******** ***** ***** ******* only. ** **** **** **** ******* with **** *********** **** *** **** VX.
***, * **** ** ****** ** 2002 *** ******** *** **** **** the *** ** *** **** *****....
******: ****** ********* *** ******** ******* has ********* ** ******* ** ****, citing ****: ******: ***** ** *** **** **** AGAIN
**** ******* *****:
******** ******** ** ****** **** ******* to *** ******** **** *** ******* that ************ ************ ******* *** ********* to ******* ** **** *** ****** went **********.
*****, *** **** *** ********. ******* your **** ** *** **** ** not * ********.
**** ** **** ****** ****? * mean *** ***** *** ******* **** "numerous *******".
**** ********** ** *** ******** **** are. ***** ****** ***** ***'* **** to *** ** *** **** ***** rumor? ** **** *** ** *****. :)
** *** ***** ****, ***** ***** always ****, ********** ** *** ****, just *** ****** ** *****.
#**, ** * ****, ** ***'* run *********** ******* ****** ** **** 3 *********** ****** ******* ********** *** activity. **** ******* ****.
*****, * ** *** ****** **** are ****** *** ****, * ** saying **** *** ******* **** ** ********** bank, ** ***** ******:
*****, * ** ********* **** / investment ****, ** ******** ***** ** various *********.
***, '**********' *** ** '*** ****', but ** **** ****, ********* / Pelco *** * **** ******* ** it, ***** ** ********* *** **** serious **** ***** **** ** ******* inquiries. **** ** **** *** ** many ****** ******** ****** *** ***** of ****.
**** * ****'* *** *** *** running *********** *******, **** **** ******* if **** ******* ******? **** ******* everyday.
**** * ******** *******, ** ********* didn't **** *** ** ****** ***** through ** *****, ***** ****** **** don't **** "*** ** ****" **. As * ****** ** **** ******* is ****** ****** **** ******.
***** **** ********, **** **** ** Schneider **** * ******** ******* ***** notice ** ***** *** * ****** newspaper *** *** *** ***** * day *** ** **** ****** ** not **** **** ** ******, **** should **** **? ** **** ** they **** ** ***** ** ******?
* **** ****** ***** **** ******* ask **** ** ***. **** ** hands *** ****? *** *****?
**** * ****'* *** *** *** running *********** *******, **** **** ******* if **** ******* ******? **** ******* everyday.
*'** **** *** **** **** *****. We *** ***** ************ ***** ********* unconfirmed ****** ** **** ** ** run *********, ** **** ** ********* of ******** ****** **.
**** **** * **** ******** ******* assertion - *** **** **** ***** was *** **** *** **** ***** was ********* **** *** ****. ** that ******** ******* ********* *** *****, Pelco ***** **** ****** **** ****. However, ***** ***** *** ****.
******: * ***** **** ******** ********** last **** *** ********* **** ***** was ***** ******* **** *** ****** with **** ********** ********** *** **** too ******* ** *** ******** ***********, citing *****'* ******* ******** *** **** from ***** **** *** **** ******.
** ** ***-**** ** ********* ********'* Andover ********* *** *****'* ***** ***** I **** ** ***** **** ***** that **** ****** ** ******* ** have ** ******** *** *** ******** market. * *** ** *** **** GSX2018 **** ** *** ***** * few ***** *** *** ***** *** neither * ********* ******** ***** *** a ** ***** *****! **** ****** volumes!!
*** **** **** * *****, ******* industry ****** **** ********* ********* **** Schneider ** ********** * **** ** Pelco. **** ******* ****** ****:
********* ******** *** ******* ********* ************ with ******* ******* *****, * *.*.-***** private ****** ****, ********* *** **** of *** ***** ******** ****
** **** ** * *** **** when *** **** ** ********.
**** ******* ******** / ********* ** the ** ****,*******, **** ** **** ** ** negotiating / ****** *****.
******* ******* ****** ** ********* ********** of ********* **** *******:
** **** ********* * ********** ******** to ***** ******** ***** ** *** ARMOR℠ ***** ******** *******, ***** ** an ******* **** ****** *** ***********, *************, ********** & **********, *** ******.
***** ** *** ******** *** ** a ********** ** ****-***** ****** ******* for **** ***** ** *** ********** timeline ** ****** *********** ****** ********, create *** ******* ********, ***** ******* growth, ******** *****, ******* **********, ******** service *** ******* *******, ****** ******, tighten ********* *** **** ********* *** their ********* ***** ** *** *******.
**** ***** ** **** *** ***** depending ** *** ***** '***** ******** process' ******* ****-******* *****, *** **** improved ***** **** **********.
*** ******** **** ** **** *** firm **** *** ********* ****** **** operations:
** **** ***** ** ****** ** businesses **** **** $** ** **** flow; *******, ** ******* **********, ***** segment ****** ** *********** *** *** experience ***** * ****** ************* ****, we **** ****** ** ********* **** negative ** ****** **** ****.
***** *** **** *** **** *** if ** ** ***** ** ** a **** ****** (*** *** **** patched ** ** ****), *** ******** is ***** ** **** ** *** in **** ***** ** ************* *** Pelco's ******** *** *******.
*********, *** ***** ***** **** **** spend ** ** ******** *** ******* name. *** **** ******** *********** ** the **** "*****" ** **** *****, and * *** ** ********* ***** spent ** ****** ** ******* *** Pelco **** ** **** ****** ***** of ***** **** ********* **** ***** be **** ****** ***** *********** *** company, ** ******* * *** ****.
** *** ***** ******** * **** while ** ******* *** ******** **** to *** **** **** ******* *** a **** ** ***** ***** **** hardware ****** *** *** ****** "********". Schenider *** ***** ***** ** ******* the ****** ***** ******** **** *****, since **** ******** ** *** ********* stylistic ********** ** ****** *** "** Schneider ********" ** *** *** ** the ******** ******* ***** ** *** the ******* ********* **** ***, *.* "APC ** ********* ********", "***** ** Schenider ********", ***.
**** "** ********* ********" *** **** made *** ******* ***** ****** **** necessary, ** ****** **** ** ***** like ***** ********* **** **** ** like ********* ********, *** *** ******.
*********** *** ******** ** *** ***** entity ** *** *** ****** ***** make * *** ** *****, ****.
*********, *** ***** ***** **** **** spend ** ** ******** *** ******* name. *** **** ******** *********** ** the **** "*****" ** **** *****,
**** ** **** ** *****, ** the ****** **** **** **** ****** to ********* ****** *** ***** ** one *** **** ****** *** ********* of *** ******* (* *** ***** slides ***** ****).
* ********* **** ***** ** ***** regarded ** * ****** ***** (* forget *** ***** ******* ****), ******* I'm *** **** ******** *** **** and ****** ** ****** ** ***-*** brand ***** ** **** ******.
* ********** **** ******* .. * was ******** ** ** **********, ** in "**** ***** ** *** ********** reason ** *** *** ******* ***** products ** ** ******** **** ******* some ******* ************** ** **** *****?"
***, ***** ** ** *** ****, I *** *** ** ** ***** into *** ******** ****** ********* ******* integrators *** ** ******** ** ***** my ****** ********** *** ****** ** a ***** ******** **** ***** ** exceeds ** ************. ** **** ******** includes ***** ********, ** ** **. If * *** ** ****** *** solution *** **** ** *** ***** the **********, * **** ****** * positive ********* ** *** **** ** integrator, *** ** *** ****** **** brought ** **** ** *** ********.
*** ***, * ** **** ** thinking **** ** ********** *** ****** the ********: **** *** *** ********** reasons ** ****** ** ******* ** a ******* ******** **** *** **** losing ****** ***** *** ***** *** has **** ** * ******** ****, but *** *** *** ******?
** * **** * ************ ******** base ** ***** ********* **** * still **** ** ******* *** ****, that ** *** *****, *** *** reality ** **** ** ***** ** make **** ********** **********, ***** *** got ** ** * **** ** not **** ******** ****** *****, *** to **** * ******** ** **** market *****.
** * **** * ************ ******** base ** ***** ********* **** * still **** ** ******* *** ****,
*** **** ** ***** ****** ***** out ***** ** ****** ********* *** more ** **** **** ****. ***** are **** *********** **** ***** **** Pelco *** ***** ***** ***** ** as ******** ***** ** ** *** in ****. ****** ********** *** ********* Pelco *********** *** ******** *** *** voltage *** ** ********** *********** ** my ****. **** ** **** ********* to **** ** *** **** ****** on *** ********** ******. *** ********* *** far **** ******** **** **** **** in **** *** *** ********** *** the **** ******* ** ***** **** Pelco.
**** ** *** ****** ** **** the *** ****** **** ******* ** additional ********* *** ** ***** **-**%. Not *** **** **** ** ******** left ** *** ** **** ***** after *** *** ********* ****** ***-**** the **** *+ *****. ** *** clearly ****** *****, ** **** ** really ****, *********** **** ** ** made, *** **** ****. ** * were *******, *'* **** ** ******* to ******* * *** ***** ********* with ************* ********* ** ***** ** stabilize *** ********, ****** *** ********* and ***** **** ** ******. *** question ******* ******* ** *** *** thin ******** **** **** **** ** through ********** ***********.
** * **** *******, *'* **** be ******* ** ******* * *** other ********* **** ************* ********* ** order ** ********* *** ********, ****** the ********* *** ***** **** ** around.
*******!!! ** *** ***********, * ** not **** ********* **** ********* **** help. ** ******* ** **** **** will **** ** **** **** *********** to *** ********.
******** *************, *** ********* ******* ** a ********* ** ***** **** ** the ***** **** ** **** ****** - ****** *******, *******, ****** *****. ; )
** **** ***** **** *****'* ****** business, ***** *** **** ******* ** quantity, *** ****** ** *** **** revenue *** ************* *** *** **** several *****. ** ** ***** ****** their ****** ********** *** **** ** soak ** **** **-**%, *** ** everything **** *** **** ******* ***** overhead ***********.
***** ** * *** ******* (**** part ** ***** ******** ****'* ******** growing ***** ****) *** **-****** ** that ******** ** **** ********** ** the ****** *****'* ******* ********** ******* it ***** **** **** **** *** last *-* *****.
******* ** *** ********* (**** *** present) ** *******, *****'* * *** of ********* *********; * ****** ****** seems ** ** ***** (********, **** etc), ***********, *******, *** **** ******* ("writing ***********") *** *** ** ***** CCTV ******* *** **** ***** ** the ***.
********* **************** **** ****** ***** ** **** a ******* ******* ($*** *** ** the **** *****). ** **** $*.* billion *** *****, ** *'* ********* what **** ** ******* **** **** on **** ****.
* ****** ** *** ********** *** rationale ****** ***** *****.
*** ********* ***** **** ****** * lot ** ********* **** *** * lot ** ****** ****** **** **** no ***** *******. *** ******** ******** base **** *** *****, ** **** often ******* *** ********* *** **** gets *********** **** ** **** **** strategic ********* (****, *****'* * *** of **** *** ** ***** ******, but **** *********** *** **** ***** is ****). *** ******* ** *** small ** ******* *********** ** *** next-gen (******, ** **** ****** *** the ***** *******), ** ***'** **** with ** ************ ******** ******. **'* hard ** ****** **** ****** **** your ****** ** ** ***** ***, and ********* ********** * ************* ****-*** for *** ****. **** ** ***** where *** ******* **** **** *** next-gen, *****'* *** ******* ** *** "****** ****** ********" (**** *** ********* ***** "**********").
**, ** *** ******** *** ******** junk, *** ***'** ********* *** *&* department, **** ****'* ****? **** ** Transom ****** ***?
* ***** **'* *** ***** *** established ***** ******** *** ********* *********. E.g. ***** ** ********* ** ********** Palace; * *** ** *** ***** are ***** ** **** ****** **** Pelco **** ** ****-*****, ***** ** that *********** *****. **-*** ** ***** to **** **** ** *** *** how **** ***** *** ****** *** offline **** *****. ****'** *** ***** to ***** **** ******.
** *** ***** **** * *** of ***** ******* *** **** *** installers *** ***********, *** **** *** associate ***** **** *** ****, ******, outdated ***. *** *** ******* ** that **** *** ***** *** ***** to **** *** ****** ** ****** who ** **** *** ***** ** tech, *** *** ** **** **** pelco ** ********** ****** ***** ******* nothing.
*** ******* ******* **** ** ***** experience ** *********** *** *********** ** turn ***** ******?
***'* ** ********* *** ****?
*** ******* ******* **** ** ***** experience ** *********** *** *********** ** turn ***** ******?
****, **** **** *** ***** **** will **** ******* *** ** **** the ********** *** ********** ******* ;)
* *** ******* *** **** **** Pelco *** *** ** ** *******. Had ***** *** ************* *** ******** facilities. ***** ******* ******* *** ******** service. * ***** *** ** ***** downfalls **** *** ***** ****** ** analogue ***** ********* **** **** ***. I'm ******** ******* **** *** ***** needs **** ***** ** ***** ***** not *******. ***** **** * ***** part ** ********* *** *** ****. Sad ** *** **** ******* **.
**** ******. ***** *** * ******-****** in ****** *****. **** *********** ****** the ****** ********** ** ** *****. They **** ******* ****** **** ****** shift ****** ********* **** *****. **** Pelco ********* ***********, **** **** ** Schneider ** *** ******* ****. ***** and ******* **** ***** ****** *** the ******* ****** ****'* ***** **** they **** ** *** ***** **** of * ***** ****** *****.
** ****** **** ********* ****'* **** but **** *******'* *** *** ** the ****** *** *****'* ********.
**** *********** ****** *** ****** ********** to ** *****... ** ****** **** Schneider ****'* **** *** **** *******'* get *** ** *** ****** *** Pelco's ********.
******, **** ******** **** “******” ** well.
****’* ******** *** ********* ********* ** IP ***** *** ********** *********** ** the ********** *****, ** **** ** Pelco’s ***** ** ****** *** **** dragging, ****** ****** ***** ********, *** the ******** ** ** ********** ** their ***********, ********** *** ******* ** IPVM, *** **** **** ******** ***** demise.
***** ***** **** **** *** **** to ** ************ ** ** *** a ****** **** *****? *** ***** but ******** ********** **** **** ***** *** curious **** **** **** **** ******* was ******* **** ****** ***** *** Schneider ****; *** ***** ******** **** crossed ***** ****, ** ***** ** this ***** *****:
* ** ** **** ******** ************** from *** ***** ***** EMPHASIS>... *** ****************** ** * **** complex *** ** **********. ******** ***'** in *****, ******* ** ***'** ** any ********** ********, **** ******* ***** a ****** *******.
**** *** (*****) *'** ***** * book ***** *** ***** ***** **** succeeded, *** ****'*.
***** ** ********* * **** **** line ******* ***********, *** ********** ******** and ************ **** *** ********* ** keep *********** *** ******** ******** *****. Sometimes **'* ** *** **** ** the ********.
****'* **** ****.
******: *** ******* ****** ** ***** on * ***** ******* *** ****** ** *****'* own *******:
********* / ***** ******* * ***** release ** * **** **** ** not **** ** ****** ********. ** the **** **** *** ** *******, Pelco **** ** ** **** ***** shape ** ******** ***** * **** failed. ** *** **** ** ********* done, ** ** ******* *** **** would ******** *** ****** **** ******* the **** ** *** ***** ****** to ********** ******** **, ** ***** confusion ** *** ********.
** ********, **** ** *** **** people *** ************* *** ***** **** the ******, ** **** * ******* move ** **********.
...** ******* *** **** ***** ******** now ****** **** ******* *** **** or *** ***** ****** ** ********** announce **, ** ***** ********* ** the ********.
** *** *** ********* ** *** gate ***** ** * ********** *****.
UPDATE *** ****: The deal is done and some employees have been laid off, according to various sources.
***** ******* *** ** ** *** we *** ********* *** * **** in *** **** *** ****. ** will ******* * *** ****** **** more *********** *** ******** ****.
***, ***** *******.
*** **** ******* * ***** ****** switch **** * ****** *****? **** their *********, ** ***** ***.
******:********* ******** *** ********* *** **** is ****** *** ******** ************ * **** ever **** *** ** *********** / sale:
********* ******** ********* *** **** ** Pelco *****-********* (******), ** *** ****: Schneider ******** ********* ***** **** ** has ********* *** **** ** *** Pelco ******** **** ** ******* ******* Group, * *.*.-***** ******* ****** **** in **** **** *** ***** ********** announced ** ***** **** . ********* consultation **** *** ******** ***** ********, the *********** ****** ** **** *** 2019.
**** ** *** ****** ***** *******. We ***** **** ***** **** *** weekend *** **** **** ** **** tomorrow.
***, *** ****! *'* ***** *** the ****** ******* ** *****; ** must **** **** **** ***** "****-****" all **** ****.
*** ********* ** ***** (** *** originals *** ****) ***** *** ******, most *********** ******* ****** ** *** industry. **** ********* *** ***** **** 20+ ***** ************ ***** ********* ***** hand *** *********** ** ** ******* company ** * ********** ********** ******** business **** ** * **** ****** company **** * ***** ********* ********** team **** ******'* *** ** ****! The ********* ******** ** ***** ****** go **** ** ******* ** **** not ** ** **** * ******* $$$$$.
** **** **** **** ******** *** often. ********* **** ***** ** big ********* *** **** ***** ****** - ***** ** ** *** **** they *** *** *** *** ***** left ******