Pelco Is For Sale

By: John Honovich, Published on Jun 27, 2018

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.

******* *** ****, ***** shopped ** ** ********** bank, **** *** ********* from ******** *******.

*** *******,******** ** ********* ******** in ******* $*.* ******* ***, has ************** ** ********* ** a ****** ** *******.

** **** ****, ** examine *** *** **** is ***** **********, *** potential *********, *** ****** 2013 ********* *********** ** Pelco, *** ***** **** the **** ***** ** buy ***** *** *** what ** *** ****** for *****.

UPDATE ***** ****: Pelco is now in the final stages of being sold, says Pelco.

UPDATE *** ****: 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 ** ****

*****, * ** ********* firm / ********** ****, is ******** ***** ** various *********. ******* ** when ***** ** ******** sold ******* ** ** seen *** **** **** of ******* *** ****** take ****** ** **** a ******* ****** ** an ********** *****.

Sales *****

***** ** ********* ***** as ***:

Revenue / ****** ***** ******* (** **** *** ********)

*****'* ******* *** ****** share **** ******** ************ since *** ********* ***********. Even ******** ***** **** $220 ******* ** ****, that ** **** **** $506 ******* ** ****. As * ***** ** comparison, **** *** ~$*** million ** ******* ****** (**** **********), **% **** **** Pelco ****. **** ****,****' ******* *** **** a *******, ** *****'* ******* revenue. ************* *****:

************, ******** *** *** exist ** **** *** now **** ~** *****'* revenue.

Failed **** ********* ***********

********* **** **** ***** to ******* ***** ** Hikvision ** **** ***, according ** ******** ******* close ** *** *******, Schneider ****** *** **** and *** **** *** not ** *******. ** is ********* ** *********** "what **" *** **** sides *** *********** ********* would **** ****** * lot **** ** **** than **** **** *** today ** ****.

Valuation $*** ******* ** ****

***** ****** *** ***** whatever ******* **** ***, we ******* ******** ****** would ** **** ** justify ****** **** **** $200 ******* *** *****. Quite ******, * ******* whose ******* *** **** down ****** **** *****, whose ******* *** ***, and *** *** *** such ********** ******** ** not ***** * *******.

*** ******* ********** *********, *** ** *** on **** *** * fraction** ***** ****** ******* due ** ********* ***** and ********** ******** (****** Arecont's ***** ******* *** notably ****** **** *****'*).

Simply *********'* *****

**** ** ***% *********'* fault *** **** *** going ** **** ** for **** **** * billion ******* **** **** they ****. ***** *** a ***** *****, ***** with ******* *** ******** people ****** *** ************. Schneider ****** ***** *****'* customer *******, ***** ************* to *****-**** **** ***** Schneider *********, *** ******* hindered ***** **** ****** decisions ******* ** ****** every ***** ***** ************ company ***** ********* ** new ****** *** ************. We *** ********* *** arguing ****, ****** *********, Pelco ***** ** *** of *** *** ************* today *** **** ***** certainly *** ** ** such * **** ******** that ********* *** *** them **.

Best *** - ** **** / ********** **********

***** **** *** **** sense *** **** ******** manufacturers, ******* ************ ** generally **********, ***** ***** has ***** ******* ********* without ****** *************** **** typically ********** ******** ****** manufacturers.

** ********, * ******* Equity **** **** *********** in ******* ****** ******** companies ***** ****. ******* Pelco *** **** ** mismanaged *** ************* ** Schneider, ***** ** ***** to '******' ****** ** running ** ** * real, *******, ***** ************ business.

********, ***** *** * now * ******** ** manufacturers ********* *** **** end ** *** **** to *** ****** *** hurt ** ****. ** the ******** **** *** Pelco, **** *** ********* scrutiny ** ******* ***** surveillance *************, ** *********** US ***** ************ ************ could ******** ****** ** a **** ******* ******.

Future *******

*******, **** ** ** not **** ** *** committed ********* ** ** selling ***** *** *** how **** **** **** to **** *** ***. After******* *** **** ***** CEO **** **** * year ****** **** ********** * Schneider ****** *** *** largely **** *********, *** time ***** ** ***. The **** ****** ** now, ***** ********* ** not ***** ********** ** Pelco *** ****** **** their ******* *************.

Vote / ****

UPDATE ***** ****

*** **** **** * month, ******* ******** ****** have ********* ********* **** Schneider ** ********** * sale ** *****. **** ******* ****** ****:

********* ******** *** ******* exclusive ************ **** ******* Capital *****, * *.*.-***** private ****** ****, ********* the **** ** *** Pelco ******** ****

******: *** ******* ****** is ***** ** ****** ******* *** ****** on *****'* *** *******:

** **** ** * new **** **** *** deal ** ********. *******, Schneider / ***** ******* a ***** ******* ** a **** **** ** not **** ** ****** atypical. ** *** **** does *** ** *******, Pelco **** ** ** even ***** ***** ** everyone ***** * **** failed. ** *** **** is ********* ****, ** is ******* *** **** would ******** *** ****** than ******* *** **** or *** ***** ****** to ********** ******** **, to ***** *** ********* in *** ********.

**** ******* ******** / questions ** *** ** firm,*******, **** ** **** to ** *********** / buying *****.

******* ******* ****** ** improving ********** ** ********* they *******:

** **** ********* * systematic ******** ** ***** creation ***** ** *** ARMOR℠ ***** ******** *******, which ** ** ******* that ****** **************,*************,********** &**********, *********.

***** ** *** ******** and ** * ********** of ****-***** ****** ******* for **** ***** ** the ********** ******** ** create *********** ****** ********, create *** ******* ********, drive ******* ******, ******** waste, ******* **********, ******** service *** ******* *******, source ******, ******* ********* and **** ********* *** their ********* ***** ** new *******.

**** ***** ** **** for ***** ********* ** how ***** '***** ******** process' ******* ****-******* *****, not **** ******** ***** term **********.

*** ******** **** ** that *** **** **** not ********* ****** **** operations:

** **** ***** ** invest ** ********** **** over $** ** **** flow; *******, ** ******* situations, ***** ******* ****** is *********** *** *** experience ***** * ****** complimentary ****, ** **** invest ** ********* **** negative ** ****** **** flow.

***** *** **** *** down *** ** ** is ***** ** ** a **** ****** (*** not **** ******* ** to ****), *** ******** is ***** ** **** to *** ** **** money ** ************* *** Pelco's ******** *** *******.

Comments (110)

** **** **** **** ******** *** *****. ********* **** ***** to *** ********* *** **** ***** ****** - ***** ** to *** **** **** *** *** *** *** ***** **** behind

***, ** * ***** of ********* / *****, Pelco ** **** **** 1% ** ********* ********'* ~$29 ******* *******, ** Pelco ** *********** ********** to ********* ******.

*** **** ***** ***** was ****** *** **** problem **** *** ***: Pelco *** ***** ***** to ****** ** *********.

***** **** ****** **** joking **** **** ***** in *** **** *** $100m, *** * ***** most **** ******* *** it ****** ** ***** seriously. ***** ***** (****** I **** **** ** forensic ******** **** *** guys ****) ** **** "downward ********" **** ******* a *** ** ***** that *** ****** ******* at * **** ** time ******* *****.

* ** ****** **** them ****** ***** ** specified. ***** ** ** fair ** *** * lot ** **** *** keep **** ******* ** is *** *** ********* and ********** **************?

*** *****, ***** * company **** *** **** Arecont *** ***** *** we'll **** "*****" ** "Pelont".

*** **** ** **** I ***'* ********** ** that ********* *****'* ****** to ** ****** ** grow *** ********* ***** parts ** ***** ******** (energy, **********, ***). **** were * ~** ******* revenue ******* *** **** they ****** *****, *** have ********* ** **** to *** ~** ******* number ** ****. * don't **** *** **** compares ** *** ****** of ***** ********** *******, maybe **** ** ****** slow *** **** ******?

*** ***** ****** ******** by ********* ********** ** be ******** ** *** of *** *****, ********** by **********, ** **** other ****** ***** **** have ******************* * ***** **** Pelco (** **** ****** in *** ******** **** to ***** **** ***)?

** ********* *** ******* financially ** *** ******, I ***** **** ** head ****** **** **** easier, *** ** ** it ****** *****'* ****** that ** *** ****.

**** ***** ****** ***** they **** ******************* * ***** **** Pelco (** **** ****** in *** ******** **** to ***** **** ***)?

***, * ***'* ***** many ****** ***** **** did ** *************, ** if ** *** **** piece ** ********* *********** art.

*** **** *********** * have ***** **** ****** close ** ********* ** that ***** *** ****** with *** ***** ****** that ********* *** *** therefore ********* *** ********** fitting *** ********** ***** peg ** *** ****** hole. *** *** **-********* or ***** ****** ******* any ******** ****?

*'* *** * ********* or ***** ********, *** I've **** ******* ** "aqui-hire" ****** ***** ****** by * **** ****** company **** *** ******* to ** **** ********. It ****'* **** ***. They **** **** ** being ***** *** ************ in ** ********** ****** and ****** ***** *** distribution *** ***** *********. Other ******** ******* *** us ** *** ********* stepchild **** ** ******* with *** ****** ******* but **** ***** ***** to ***** ** *** share ***** ********* *** cross *******, *** ** never **** ** ********. A ****** *** ** a *** ** ***** holes *** * ****** good *******. ** ***** was **** *% ** Schneider's ******* *********, **** yes **** ****** *** be **********. * **** Schneider *** ***, * just ***** **** ***** was **** ************* ***** to **.

***** ******** ***** *** a ****** ****** ******* champion ** *** ********* ecosystem **** ****** ***** to **** ** ********. But **** ** **** a ***** ** ** part.

* **** ********* *** big, * **** ***** knew ***** *** **** comparatively ***** ** **.

**** ********* ****** *****, Pelco *** **** ***** 4% ** *********'* ******* (i.e., ***** - ~$*** million,********* ~$**.* ******* ***). ****, **** *** start, ***** *** * small **** ** ***** but **** ********* **** the *****.

** **** *** ** step-parents **** **** ** me?

* *****, *** ***'* know *** *** ** hurt ** ********** :/

** ******* *** ****** at ********* ******** ** the ******** ****, * can **** *** ** was **** *********** ****** to ********** *** ***** business *****, ** **** as *** ******* ******** that ********* ***** ** maintain ** *** ******** business, *.*. ********* ********* is * ************ *** sometimes ********* ** * integrator/contractor.

*** ******* ****** ***** from *** *** **** brands **** ******* *********** market ***********, **** ****** D (******** ***** ****** D, *****?) *** ***, as **** ** *** industrial ********** ********.

** *** *********** ** Schneider ******* ** ***** to **** *** ********* the ******** ******, *** have ** ***** *** function **** *** ****** established ******* ***** **** business ******** ** ********. Yes, ***** **** ******** wins ** **** **** at *-***** ********, *** mostly ** ***** ******* than * ********** ******** business ***** **** **** able ** *******. ** anyone *** *** **** sold ***** ******** ** a ******* ********, *******, Schneider, ***., ** ** fun *** * *** heady ** ** **** to ***** ****** ******* else's *****, ***** ** the * ****** *****, and **** *** "****** of ******* *** *** agony ** ******" .. lol

***** **** ******** ** such * **** ***** percentage ** **'* ***** sales, ** **** ** the **** **** **** go ** ****** ******* company ******** ** **** as ********** "********" (********* a ****** *******), ***** in *** **** ************ area, *** **** * less **** ******* ****** for *******.

** *** ****** ** the ***** **** *****, when ** ***** ** doing *** ********* *** a ***** ***, **** their **** ***** **** in ** **** *** "just **** ** ***** you **** ** ** and **'** *** *** a ******* *****". **** was ***** **'* ******* taken *** *** *** using ********, ****, *******, or **** ***** ************ that *** ** *** spec.

******, ******* ** ***** their ******** ***** *** capable ********* ** ******/*******/********* their ****** ******* ********, I ******* **** **** the **** *** ********** non-committed ***** ** ******* branding *** ******* ***** ACS. **'* **** ** the **** *** ********* the ****** */* **** their *** **** *** controller, ***** **** ****** for ********-**-******** ********** *********** was * ****** **** idea ***** ** ****** SE's *** ** **** to **'* *** *** BACNet, *** **** ****** their *** ** ************* talk ** ***** ******-***** building ********** ******* *** standard ********.

*** **** **** ********* couldn't **** * *** of ** **** ***** further *********** **** ** is *** ****** ** the ******** ******** ***... they *** * ******* integrator ** *** ******* branch ***** ******* *** depth *** ******* *** required ** ******* ****** on *** ****** ** their ******** ********* *****. Their *********** *******/****** ******* also ***** ***** **** the ******* ******** *** is * ******* ************ point ** ******* ************ markets **** ********* ****** the ******** ** *** use ** ******** ** projects.

***** **** ******* ********* play **** **** ***** end *****, *** **** are * **** ******* to **** *** **** a ******** *** ********* standpoint. ***, ** ** were **** * ******** company, ****'* ** *** of ********.

*********** *******, ****** *** sharing.

*********'* **** ** *** Feenics-based ****** ****** ***** sense, *** ** *** left ** ********* **** of ******* ********* ******** and *********.

***** ****** ******** **** Continuum ******* ** ***** asking"** ********* ***-**-*****?"******* **** ****** ** no *** ***** *** sure ****'* ***** **. They ****'* ***** ** call ** ****, *** they ** *** ****** committed ** ******* *********** or ******* ******.

* ******** ***** ***** move ** *******. **** was *** ***** **** in *** **** ** people *** *** ****** hard ** *** *** keep ********* ** ***** enterprise *****. *** *********** for ********* ** * joke. ** ***'* ** anything *** * ***** it's **** ******* ** so ** *** *** they ****'* ******* ***** customers, *** **** ** mistake: **** ********* ***** customers *** **** **** with * ******** **** to **** ****. * would ***** ********* ****** use ******** **** ** in ******** ******* ***** track ****** ** *** of *********** *** ***********.

*** ****** *** ***** here ** ** **** had ********** **** **** had, **** ***** **** turned **** ***** *** Continuum **** ******** ******. Continuum *** **** ****** abilities **** ** **** to ******** **** *** I ***** ***'* ***** any ****** *** ***** can ***** *** *********** of **** ********, ********** at *** ***** *****. It **** ******* **** stopped ********** ** ** years *** **** **** should **** **** ******* more ****** **.

***** *** *** ********** and **** ********* *** people *** *** ********** to *** ******* ******** and *** *********. **** you ****** *** *** number, *** *** * person. **** **** *********** you ** *** *** were ******* *** **** person **** **** **** were ******* *****. *** first **** * **** toured *** ****** ***** I *** ***** **** by *** ********** ** everyone ***** ** *** company *** *** *******. That **** *** **** of * ******** ***** that *** ***% **** for ***********. **** **** for *** *****, *** food, *** **************. *** only ***** ** ********** needed ** *** *** was ************** *****. *** cost ** **** *** more **** **** ** for **** *** **** will *** ******* ** fostered. ************* **** *****'* show ** ** *** balance ***** ** ** just ****'* *** ** and ****** ** *** away. **** **** *** their **** ****** *** for *** **** ******* years ** ***** **** everyone ***** ** ***** though *** ******* *** cashing ***** *********.

**** ** * ******* reply ** *** *** access ******* **********.

* ******* ***** **** you **** *** ******, as ** ******** ** SE ***** **** **** is *** ******* *** history * **** **** to *******.

**** **** ** ****** SE **** ****** *-* companies **** **** ** the ****** ******* ****** where *** ****** ******** is ***** ***** ** design ** **** ** the *** ******* **** other *************.

** **** *** **** the ******** ******, ** all, *****'* ********** ** and *****'* **** ** want ** ********** **, leaving ******** ** ******** stranded **** ****** ******* systems **** *** ***-********** and *****-***** ***-********, *** fear ***, ***** ** has * *** ****** control ******, ******** ******, for *** ******* *** you **** *** **** its ******** * ********* ICT.co ******.

*** ******** **** ******* is *** **** **** will ** ******* **** ICT ****** **** *** angry *** ***** ******* that *** ***** **, leaving *** ********* ****** once *****.

*** * ** ****** how **** *** ******* go ****** **** **** bought ** **** *********, whether *** ****** *** from, **** **** ***** to ******** *** **** actually *** ***** **** all *** ********* **** hare ******.

****, ***** *** **** a ********** ** ****** in *** ***** ****** markets ** ** ** compared ** ***** ***********?

*** **** ******? *******? or *** **** ******* behind ** *** ********!

*** ************ *** ******** that ********* ****** * big **** ** ******* pelco *** * ******* that **** **** * victim ** ************ ***. If *** **** ** the *********** ** **** and ********, ***** ********** started *** ** ****** ip **** ********* **** a ******** *****/ ********. At *** **** **** pelco **** ***** ******** a ******* ********* ** hugely ********** ******** ******** while ****** ** ********** into ** ** *** same ****. ****** *** digital ****** **** ******** products *** **** *** success *** *** **** of ****** ***** *** integration ** *** ****** matrixes. ** *** **** they ******** **** ****** a *** ******** ******** it *** *** *** late ** *** ********.

* ***** *** **** was **** * ******* insomuch ** **** ***** to ** * **** common ******* ** *****, well *********** ********. ****** business *******, *** ** the ****** ****** ***** is *** ** *** biggest ******* * ******** faces ** ******* ** a ***, ** ********* on **'* *** ******** where ** ** ********* to ******. **'* * cultural ***** **** ***** to ******* **** *** basic ***** ******** *** need *** ********** *** stability. *** **** ** things **** ****** *** in ***.

**** ** *****, * hundred **** *** ******** that ********* ********, *** would ***** *** ******* and ********** ***** ****** to ******* *** ** stay ** *** ** the ******, *** ******* turned *** ** **** it *** ** ******** in ******** ** ***** that ***** ********* **** up, ****** **** **, and *** **** *** a ***** *******. ***** are **** * *** examples.

*** ***** *** *** from ** "*** ***" company ** ***** ** very ****, *********** ********* in *** *****, *** in ***** ** ********** 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.

* *****. **** ** why * ***** ********** should ****** **** * healthy **** ** "******* and *****". **** *** money **** *** **** could **** ****** **** a **** ********* ** R&D **** *** *** emerging ************.

**** *********** ** ********* that *** **** ****** install ***** ***** ****** to *** ** ****** old ************* *** ******** in *** ** ********** holds **** *** **. Panasonic *** ***** *** examples ** **** ** well *** **** **** to ** ** *** same *********** ** *****. None ** **** **** what * ***** ******** a *********** *** (********* VI ***** *** **** exception) *** ** *** seem ** **** ** as ******* ** “*****”. It ***** **** ***** 3 *** *** ** the ***** ***** **** HBO’s ******* ******.

****** ** ****: *** all-new *****/*****/********* *** *.*!

****** ** ****: *** ***-*** *****/*****/********* *** *.*!

** **** *** *******? **** **** *** **** ****.

*** **** *** *** former ****** *****! **** Analog *** **** ****. And ***** *** ********* are ***** ***** **** today, ***.

*** *** ***** **** I ******* ** ******* in **** *** ** these ***** ** ***** company ************ ** *** fact **** **** **** ever ** **** ** duplicate *** ******* *** drive **** * ******* owner *** *** ******** in ***** *****. ** seems **** **** "*******" internal ********* ********** **** have ****** ******* ******* divisions *** **** ****** to ** * **** steward ** *** ******* profits *** ****** ****. It ** ****** *** seeing ***** ***** ** I **** **** ******** of ******** **** **** in ** **** **** an **********. ** ****** how ***** **** **** if *** **** ***** as * ******* *** were ******* ** *** CEO *** ***** ********** and **** ********* *** important *** **** ** their ********.

*** ****** ***** ** Pelco ** ********* “**********” about *** **********:

**** ******** *** ********** - ******** ***

*** ****** ***** ** Pelco

*** ***** ** **** Pelco **** **** ********* with * ******** ** the ***** **** **** him? * ** ****** kidding, * *****, ***...

***** ** ***** *** the ***. ** ***** certainly ***** ** *** trips ** ***** ********* for ***** *******!

************* **** ***** *********** be * ******* *** him ***** *** ************** he ***** ******* ******** is ****.

**** ** ******** * ********* **** ********, *** *** ****** CEO ** *****

*'* **** ** *** a ****** ** ***** and *************. * ***'* even ******* *** **** is ******** ***** *** financial ******** **** ********* have. * ***** *** key ** ****** ******* for **** ********* ** the ******** **** *** Chinese ************* *** ******. An ********** **** **** deep ******* ***** **** these *** ********* **** huge ******* *** ** American **** ******* *****.

**** ******* **** ** ****? * **** *** **** *** that *** *********.

* **** *** $***.

*** ***** ******* **** the ******** ******, ** both ***** ** *** isle, ***** ** ******* the ****!!!

* ***** ******* ****!

**** *** ******** ********** invitation ** *** ***** source **** ***?

* *** **** *** *** ****** ****. **'* *-*-*-*-*. ***, no ********.

****'* *** ***** ***** an ***** ***** **** on *** *******!

* **** *** $***.

*** **** ** ******.

**** **** ** **** of **** *** ** the **** **'** ***** so **** ** ******.

***** ** ********** **** is ***** ** *****, we ** *** ***** using **** ***** ** photos ***** **** ****** user *********. ** **** allow ** **** *** time *** ** **** to ** ***** **** this **** *** ** allowed ***** *******.

** * ****** ****** of **** * ** not ******* **** **** news. * ** *** President ** *** ****** States. ** ** *** comply **** *********. **** must ** **** **** and **** ** **** down ***********..

**** ***** **** ** *** **** ** *********. "***.******.***" ***** to ** ********* ** "***.****.***" *** ***, ***** ***** ******* why *** ***** * ****-****** ****** ******* ** *********** ****.

*** ****** ***** ***** and **** ****** **** are ******* **** ***** and ********* *** ***** disclaimers. * **** ********* rights ** ****. ** will *** ***** **** to ******* **** ******** jobs. ******** **** *** at ****. ** **** bring **** ** ******* very **** *** **** soon ** ****. **** America ***** *****.

* ** ********** *** humor ** ****, ********** contra ****. *******, ** general, ** ****** ***** fake ********. *** **** and * **** ********** delete ****.

***** * ***** ** visualize *** ******** ***** between **** *** ***** over *** **** ** years:

* ******** * *** interview ********* *** **** of * ******** ***** rep *** ***** ***** nearly * ***** ***:

*. * ***** **** with *** *********** ***** director. * **** *********** guy **** **** ********* of *** ********.
** ******** **** ***** / ********* **** **** signifcant ******** ******* *** last *****, *** *** aware ** ****. **** wanted ** *** ** again *** **** ******* with * ***** *****...

** *** * ****** open *** **** ********* exchange ** *********** *** ideas.

*. * ***** ***** the **** **** *** me *** * ***** conference **** **** **** NEW *********** ***** ********, who ******** **** **** other ********** ** *********.

**** ***** (***) *** from ** *** ********, too. ** *** ****** able ** ****** * proper ***** ********** ****. Technical ********* *** **********.

**** ***** **** ** said ** *** **** clear, **** ***** ******** was ********* *** ** the ******** ******** *** had ** **** ** the ******, *** *********, the ************ *** *** ecosphere ** ******.

***** *** ** ***** in ******** ***** ********* details. *** **** ***** he ******, *** ** hit *** *** ********.

** *** ** * realized, **** ****´* **** someone **** ***...

** * ***** ********** who *** * ****** Pelco ****** * *** their ****** *** *** of **** ** *** market *** *** ****** to **** **. *** Pelco *** **** **** one ** ** ******* and ***** ******* ** some *******, **** ** decides ** **** **. Fast ******* ** ****** and ** ***** *** asks **** ********* **** that * ****** ****. I *** ******* ** has *** **** ** follow ** ** **** big *****. ******, ******** a **** ****** ****** you *** ** ****** direct. **** **** **. Support *** **** *** down, ** ****** *********** had ** **** ** even **** ****. ** was * ***** ***** the ********* ****** **. Sorry *** *** *****. RIP *****

***** ******* **** *** ****, * **** *** **** *** mention ** ******* ***** ***** "* *********** * ****" ***.

**** ********!

** ***** ** *********** to *** ** **** this *****. * *** see **** **** ********* of ******* **** ** the ****.

*** ** **** **** early

** ********* ****** ****** it *** ** ** years, * ** ********* they *** ****** ** in *** **** ***.

* ** *** ******** that ***** *** ********* to ******* *** * cannot ******* **** ********* will ******** ** **** to ***, ***** *** their ***** ****** ********.

*** ***'* ** ****** focus ** ***** *** product ********?

**** ******* ****** ***** Preview

***** **** ** * good ****** *** ***** brand ** ***** ******** after *** ***** *****.

*** ***'* ** ****** focus ** ***** *** product ********?

**** ***** ********, ** a ***** ** ****, I ******* *** ** Pelco ********** ***** ** doing **** **** ****** them ** ***** ** on ********* *** *** company, ** * ***** incorporate ***** *********** **** the ****. **** *** not *******.

**** ****, ***** ***** shopped ** * ****** is **** ********** **** (1) ** ** ***, (2) ****** ***** *** (3) * *** *** release.

** ** *****, ** are ********* **** ** testing *****'* ** *** and ** ***** **** Pelco's ** *** *** that **** *** ***** this ****.

***** **** ** * good ****** *** ***** brand ** ***** ******** after *** ***** *****.

*** **** ****** ** that ***** **** ** be * ****, ***-**** company, *** *** ** only '********' ** * laggard *** ****-******.

** ** *****, * strong ***** ** **** for *** ******** ** a ******* ****** ** quality *********** ********* ** good *** ***** *** we **** ** ** realistic ***** ***** ***** is *****.

* ****** ** ******** near ***** ****** ***** be *********. *** ****** pool ** *** ***** and ** ******* ** would ** ** ****** climb. * ***** ** curious ** * ***** such ** * *** could ****** *** ***** to **** ** *** project.

** ** *******, *****'* decline *** *** **** of **********. * ***** almost ******** **** **** agree **** ***** *** was *** **** *** in *** ******. *********** even ********* *** ***** protocol ** ***** ***'* because **** **** ** was *** **** *** wanted ** ******* ** the *** *****. ***** stopped *** **********, ******** the "** ***" ** they **** ** **** it *** **** *** playing ***** ** **** since. * ** ********* that ********* ****'* **** to **** *** *****, invest *&* *** ***** Pelco **** ** *** leader *****. **** *** purchased *****, **** ***** had * ****** ********** but ****** **** ***********. I *** **** ** a ****** *********** *** a *** ***. ** seems ** **, ** you **** ** **** in **** ******** *****, it's *** ***** "**** have *** **** *** me ******?". **** ** innovation *** *** ******** seems **** * ***** sentence.

*****, *** *** * ******** **, **** **** **** **** were ******** ********** **** ****** *** ***** **** ******* ******* were *** ******* *** *** *** ** ******.

***, *** ***** ****** has ****** **** **** Pelco ****'* ******** *** I ***** **** ***'* entirely ********. **** **** full ***** **** ****** which *** **** *** cutting ****. *** **** way *** ***** *** it ** **** **** was ** **** * full **** ******* ******** and * ***** ******** network. *** ********* ***** (an ***** ** ***********) just *****'* ***** *** it. * **** ***** they ****** ** *** hard *** *** ** in *** **** ****** were ** *** ******** to ** ******. *** to ** ****, **** totally *** **** *** boat ** ** ******* and ****** **** **** deeper **** ****, *** I ***** ****** *** distracting **** **** ****. A ***-**** ** ** sure, *** ***** *** the **** **** **** had ***** ** **** the *****, *** *****. Of ****** *** ** the ***** ****** ** did *** **** ****** and **** ******** ** Digital ****** ** **. And **** *** * ton ** ******** ******** the ******* ****** **** with **** **** * horrible ***** **** ****'* necessary. *** ****'* * whole ***** *****. ;-)

*** ****** ********* ***** on, *** ************ **** it ******'* **** **** a ***** * *******.

***** ******** * ***'* have ** **** ** this *******:

Related image

* **** ** *** *****:

*.*.*.*. *** ** ****

**** **** **** ** **** ** ****:

***** ********* *******

****** ***** **** * **** ** ***** ********???

**

*** **** ***** *** means *******. **** *** more ** *** ******** we ( *** ***********) have ** **** **** IT ********** ** *****. IT ***** *** ******** Security *********/********/********** ** *** see ******** ** **** Century ** ******** ** prestigious ** ********* ***** job, ******** ** *********** or ***** ****** ****** on. **** ** * dead ***** **** *** much *****. **** ***'* even **** *** ** ( ************ ********) ** IP ******** ** ***** IP :) ** **** on.

********* **** * *** calculation. *** **** **** to *** **** ***** have **** * *** tens ** ********. *** acquisition *** *** ***** have **** **** *** of ***** ********* ** strengthen ***** *********/*** ********/*** systems ************* *** *****.. I ***'* ***** ** would **** **** **** difference ** *** ******** line ** ************ ********** portfolio... ***** ** (**** meanings) ***/** ** **** point ** **** *** worth ********.

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

*** *****. *** **** Great. ***** ******* **********.

****'* ***** ** **** TAC? ********* ** ********* Electric's *** ****, **** merged *** **** ***** in ****. *** **** splitting **** **** *** and ******* ***, ** are **** ******* *** with *****?

** ****,

*** ****** ** ****?

*****

#**, ** **** ****** in *** * **** since **** *** *********. Pelco *** **** ******** silent ** *** ******. And *** ****, ** one ** ** ** worked ***, **** **** at ***** ******.

******,********'* *********** **** **** than * ****. *** *** ***** is ******* ******* ******* to *** *** ***** Schneider *****. ** *** a **** ****** *******, Pelco ** * ***** upper ** * ****** neighborhood, ** ********* *** not ******* ** ***** top ****** ** **.

* ****** ****'* ***** ** ****** ** *** ***** ***********? Sounds **** **** *** **** ** *****?

******, ** ******* ****** Pelco **** *** ***** own ********* / ******* line, * ***** *** it ***** * *******. But *** ********* **** have **** (****, *****, Hanwha *********, ***.) ****** would *** *** **** and/or ***** *** *** political *******.

* ******* ****** ** a ********* ******** *********** branch *** **** ***** a *** ****** **** I ******** **** *** no ******** *** **** product ********** *** **** at ***** *** ****** all ***** ******** ******. At ** ******** ****** global ***** ******* * challenged *** **** ** Pelco ******* ********** ** why ** **** ******** in ********** (*.*. *******'* 360 ******* **** ************** at *** ****.) ** stated ***** ******** *** to ** ********* *** leaders ** ******* **********. That **** ** **** and ******** ** ******** to *****.

** ********* **** *** "trailing" **** *** - note **** **** ***** do *** **** *** HD ****** *******.

"**** **** **** ***** ** *** **** *** ** ****** cameras"

****** **** ****!? ****** **** **** **** *** ****** *** under? **** **** ***'* ****, ** **** * *** ******* then!?

**** ****** **** *** they ****** **** **** the ******* **** ******* it. *** *** *** late.

***** *** ****** * ****** ****/*********/****/******** ******** ** ****** *******? :)

**, ******* ***** *** the ****** ** ** analog *** *** ***** struggled, ** **** ***** the **** ***** ** me. *** *** **** free ** ****** **** own ********** ** *** topic ******.

***** ********* **** ******* as **** **'* **** a ****** ** ****** timeframe *********. *** ***** was *** *** **** leader *******.

**** ** ****** ****, all *** ****** ************* were ** **** **** IP, *** ******* *&* there. ** ***** **** the ****** ** ***, they ***** ****, ** margin ******, ****** ****** chineese ********* **** ***** as **** **** *** very ***** ****** ** that **********. *** *** sure, *** *****?

* **** **** ********** based ** **** ******* could **** *** ** us *********, ******/******/****.

*** ***** ** * powerful *****. **** *********** and ***********.

** **** *** * committed ***** ******* ***** to *** ** ********, but ** *** ******* begun ** ***** **** after **** ******* ****** experiences.

*** ***** ** ** (in **********) ** **** a ********* *** *********** team ***** **** ******* PelcoIP *** ********* *** reputation ** **** * successful *** ** *** IP *****.

*******, ** ********* *** experienced * ************ **** appeared *********/****** ** ******** process: ********/******* ***** ****** base ***** ********** ******* IP ********.

**** "*****" *** ****** proprietary **** **** ***** VMS *** *******, ***** made ****** ********* ***** considering *** **** ************ of *** ****** ***** where **** *** *********** an ******** ******* ***** and ********** *** ******* service *** ******* *** end-users.

******* **** ********* *** technical ****** ***** ******** them *** * $*** song, **** ** **** were ***** ** **** a ******* ** ****** their *** ***** ********** and ****** ** *** "underdog" **** ** ***** to *** **** ** the ****........

** *** *** *** **** ******** **************?

********** ********** *** **** significant ******* **** ** first **** ***, **** problems ** ** ***** version *.*. ** *** minor ******** ***** ****** now, *** **** **** we *** ****, **** of **** **** **** worked ***.

********** ************, ***** ** a ***** ********** *******, appears ** ***** **** some ****. ** ** actually **** ******* ** the ******* ****** **** of ******** **** ** Enterprise, ** * ******* they *** **** **** layered ***** ** *** Center ******** **** *** Digital ****** ******** ****. The ******** ************ ******* is ********** ********* **** the *** ********. ************ does *** ******* * certification, ********** ****.

** **** *****, **** appear ** ** ****** stable. ** ***** ** quite * *** ** Pelco *** ********, ********* Endura. ** **** ***** awhile ** **** *** the **** **** ****** too, *** *********** *** same ***** ******** **** VX.

********-****, ** ** * competent ******* ** **** point. *** ******* ** support *** ***** ******* is ******** * **** long **** ****, ***** Endura *********** ******** ***** Pelco ******* ****. ** have **** **** ******* with **** *********** **** far **** **.

***, * **** ** ****** ** **** *** ******** *** they **** *** *** ** *** **** *****....

**** ** ***** ****. *** **** ** * **** ****'* you!? :)))

******: ****** ********* *** Business ******* *** ********* an ******* ** ****, citing ****:******: ***** ** *** SALE **** *****

**** ******* *****:

******** ******** ** ****** days ******* ** *** somebody **** *** ******* that ************ ************ ******* and ********* ** ******* or **** *** ****** went **********.

*****, *** **** *** together. ******* **** **** in *** **** ** not * ********.

**** ** **** ****** John? * **** *** start *** ******* **** "numerous *******".

**** ********** ** *** reliable **** ***. ***** happen ***** ***'* **** to *** ** *** 46th ***** *****? ** they *** ** *****. :)

** *** ***** ****, Herve ***** ****** ****, everything ** *** ****, just *** ****** ** price.

#**, ** * ****, we ***'* *** *********** reports ****** ** **** 3 *********** ****** ******* confirming *** ********. **** applies ****.

*****, * ** *** saying **** *** ****** for ****, * ** saying **** *** ******* with ** ********** ****, to ***** ******:

*****, * ** ********* firm / ********** ****, is ******** ***** ** various *********.

***, '**********' *** ** 'for ****', *** ** this ****, ********* / Pelco *** * **** working ** **, ***** is ********* *** **** serious **** ***** **** to ******* *********. **** is **** *** ** many ****** ******** ****** are ***** ** ****.

**** * ****'* *** you *** ******* *********** reports, **** **** ******* if **** ******* ******? This ******* ********.

**** * ******** *******, if ********* ****'* **** how ** ****** ***** through ** *****, ***** happen **** ***'* **** "how ** ****" **. As * ****** ** fact ******* ** ****** harder **** ******.

***** **** ********, **** what ** ********* **** a ******** ******* ***** notice ** ***** *** a ****** ********* *** ask *** ***** * day *** ** **** simply ** *** **** what ** ******, **** should **** **? ** what ** **** **** no ***** ** ******?

* **** ****** ***** when ******* *** **** to ***. **** ** hands *** ****? *** knows?

**** * ****'* *** you *** ******* *********** reports, **** **** ******* if **** ******* ******? This ******* ********.

*'** **** *** **** from *****. ** *** quite ************ ***** ********* unconfirmed ****** ** **** we ** *** *********, we **** ** ********* of ******** ****** **.

**** **** * **** specific ******* ********* - not **** **** ***** was *** **** *** that ***** *** ********* them *** ****. ** that ******** ******* ********* was *****, ***** ***** have ****** **** ****. However, ***** ***** *** true.

******: * ***** **** numerous ********** **** **** who ********* **** ***** was ***** ******* **** the ****** **** **** evaluating ********** *** **** too ******* ** *** anything ***********, ****** *****'* various ******** *** **** from ***** **** *** past ******.

** ** ***-**** ** Schneider ********'* ******* ********* and *****'* ***** ***** I **** ** ***** with ***** **** **** stated ** ******* ** have ** ******** *** the ******** ******. * was ** *** **** GSX2018 **** ** *** Vegas * *** ***** ago *** ***** *** neither * ********* ******** booth *** * ** Pelco *****! **** ****** volumes!!

*** **** **** * month, ******* ******** ****** have ********* ********* **** Schneider ** ********** * sale ** *****. **** ******* ****** ****:

********* ******** *** ******* exclusive ************ **** ******* Capital *****, * *.*.-***** private ****** ****, ********* the **** ** *** Pelco ******** ****

** **** ** * new **** **** *** deal ** ********.

**** ******* ******** / questions ** *** ** firm,*******, **** ** **** to ** *********** / buying *****.

******* ******* ****** ** improving ********** ** ********* they *******:

** **** ********* * systematic ******** ** ***** creation ***** ** *** ARMOR℠ ***** ******** *******, which ** ** ******* that ****** **************,*************,********** &**********, *********.

***** ** *** ******** and ** * ********** of ****-***** ****** ******* for **** ***** ** the ********** ******** ** create *********** ****** ********, create *** ******* ********, drive ******* ******, ******** waste, ******* **********, ******** service *** ******* *******, source ******, ******* ********* and **** ********* *** their ********* ***** ** new *******.

**** ***** ** **** for ***** ********* ** how ***** '***** ******** process' ******* ****-******* *****, not **** ******** ***** term **********.

*** ******** **** ** that *** **** **** not ********* ****** **** operations:

** **** ***** ** invest ** ********** **** over $** ** **** flow; *******, ** ******* situations, ***** ******* ****** is *********** *** *** experience ***** * ****** complimentary ****, ** **** invest ** ********* **** negative ** ****** **** flow.

***** *** **** *** down *** ** ** is ***** ** ** a **** ****** (*** not **** ******* ** to ****), *** ******** is ***** ** **** to *** ** **** money ** ************* *** Pelco's ******** *** *******.

*********, *** ***** ***** they **** ***** ** is ******** *** ******* name. *** **** ******** association ** *** **** "Pelco" ** **** *****, and * *** ** marketing ***** ***** ** trying ** ******* *** Pelco **** ** **** higher ***** ** ***** than ********* **** ***** be **** ****** ***** reinventing *** *******, ** include * *** ****.

** *** ***** ******** a **** ***** ** finally *** ******** **** to *** **** **** Schlage *** * **** of ***** ***** **** hardware ****** *** *** called "********". ********* *** never ***** ** ******* the ****** ***** ******** with *****, ***** **** insisted ** *** ********* stylistic ********** ** ****** the "** ********* ********" to *** *** ** the ******** ******* ***** of *** *** ******* companies **** ***, *.* "APC ** ********* ********", "Pelco ** ********* ********", etc.

**** "** ********* ********" not **** **** *** company ***** ****** **** necessary, ** ****** **** it ***** **** ***** companies **** **** ** like ********* ********, *** not ******.

*********** *** ******** ** the ***** ****** ** the *** ****** ***** make * *** ** sense, ****.

*********, *** ***** ***** they **** ***** ** is ******** *** ******* name. *** **** ******** association ** *** **** "Pelco" ** **** *****,

**** ** **** ** funny, ** *** ****** that **** **** ****** to ********* ****** *** brand ** *** *** main ****** *** ********* of *** ******* (* saw ***** ****** ***** hand).

* ********* **** ***** as ***** ******** ** a ****** ***** (* forget *** ***** ******* used), ******* *'* *** sure ******** *** **** and ****** ** ****** an ***-*** ***** ***** be **** ******.

* ********** **** ******* .. * *** ******** as ** **********, ** in "**** ***** ** the ********** ****** ** buy *** ******* ***** products ** ** ******** base ******* **** ******* differentiator ** **** *****?"

***, ***** ** ** end ****, * *** not ** ** ***** into *** ******** ****** sentiment ******* *********** *** be ******** ** ***** my ****** ********** *** brings ** * ***** solution **** ***** ** exceeds ** ************. ** this ******** ******** ***** products, ** ** **. If * *** ** liking *** ******** *** feel ** *** ***** the **********, * **** attach * ******** ********* to *** **** ** integrator, *** ** *** brands **** ******* ** part ** *** ********.

*** ***, * ** back ** ******** **** an ********** *** ****** the ********: **** *** the ********** ******* ** attach ** ******* ** a ******* ******** **** has **** ****** ****** share *** ***** *** has **** ** * downward ****, *** *** has *** ******?

** * **** * considerable ******** **** ** Pelco ********* **** * still **** ** ******* and ****, **** ** one *****, *** *** reality ** **** ** order ** **** **** investment **********, ***** *** got ** ** * plan ** *** **** maintain ****** *****, *** to **** * ******** to **** ****** *****.

** * **** * considerable ******** **** ** Pelco ********* **** * still **** ** ******* and ****,

*** **** ** ***** legacy ***** *** ***** is ****** ********* *** more ** **** **** year. ***** *** **** integrators **** ***** **** Pelco *** ***** ***** Pelco ** ** ******** today ** ** *** in ****. ****** ********** the ********* ***** *********** are ******** *** *** voltage *** ** ********** contractors ** ** ****. None ** **** ********* to **** ** *** even ****** ** *** integrator ******. *** ********* are *** **** ******** than **** **** ** 2008 *** *** ********** are *** **** ******* to ***** **** *****.

**** ** *** ****** is **** *** *** owners **** ******* ** additional ********* *** ** about **-**%. *** *** sure **** ** ******** left ** *** ** this ***** ***** *** the ********* ****** ***-**** the **** *+ *****. As *** ******* ****** above, ** **** ** really ****, *********** **** to ** ****, *** more ****. ** * were *******, *'* **** be ******* ** ******* a *** ***** ********* with ************* ********* ** order ** ********* *** business, ****** *** ********* and ***** **** ** around. *** ******** ******* whether ** *** *** thin ******** **** **** hang ** ******* ********** instability.

** * **** *******, I'd **** ** ******* to ******* * *** other ********* **** ************* offerings ** ***** ** stabilize *** ********, ****** the ********* *** ***** turn ** ******.

*******!!! ** *** ***********, I ** *** **** acquiring **** ********* **** help. ** ******* ** that **** **** **** it **** **** *********** to *** ********.

******** *************, *** ********* Qognify ** * ********* of ***** **** ** the ***** **** ** this ****** - ****** Qognify, *******, ****** *****. ; )

** **** ***** **** Pelco's ****** ********, ***** has **** ******* ** quantity, *** ****** ** top **** ******* *** profitability *** *** **** several *****. ** ** least ****** ***** ****** investment *** **** ** soak ** **** **-**%, and ** ********** **** OEM **** ******* ***** overhead ***********.

***** ** * *** company (**** **** ** their ******** ****'* ******** growing ***** ****) *** re-invest ** **** ******** to **** ********** ** the ****** *****'* ******* leadership ******* ** ***** grow **** **** *** last *-* *****.

******* ** *** ********* (past *** *******) ** Transom, *****'* * *** of ********* *********; * common ****** ***** ** be ***** (********, **** etc), ***********, *******, *** also ******* ("******* ***********") and *** ** ***** CCTV ******* *** **** added ** *** ***.

********* **************** **** ****** ***** to **** * ******* dollars ($*** *** ** the **** *****). ** paid $*.* ******* *** pelco, ** *'* ********* what **** ** ******* they **** ** **** deal.

* ****** ** *** understand *** ********* ****** these *****.

*** ********* ***** **** around * *** ** technical **** *** * lot ** ****** ****** that **** ** ***** anymore. *** ******** ******** base **** *** *****, so **** ***** ******* the ********* *** **** gets *********** **** ** long **** ********* ********* (sure, *****'* * *** of **** *** ** being ******, *** **** investments *** **** ***** is ****). *** ******* is *** ***** ** support *********** ** *** next-gen (******, ** **** paying *** *** ***** concern), ** ***'** **** with ** ************ ******** system. **'* **** ** retain **** ****** **** your ****** ** ** years ***, *** ********* represents * ************* ****-*** for *** ****. **** in ***** ***** *** company **** **** *** next-gen, *****'* *** ******* of *** "****** ****** ********" (**** *** ********* about "**********").

**, ** *** ******** are ******** ****, *** you've ********* *** *&* department, **** ****'* ****? What ** ******* ****** for?

* ***** **'* *** brand *** *********** ***** channels *** ********* *********. E.g. ***** ** ********* at ********** ******; * lot ** *** ***** are ***** ** **** assume **** ***** **** be ****-*****, ***** ** that *********** *****. **-*** is ***** ** **** them ** *** *** how **** ***** *** system *** ******* **** month. ****'** *** ***** to ***** **** ******.

** *** ***** **** a *** ** ***** systems *** **** *** installers *** ***********, *** they *** ********* ***** with *** ****, ******, outdated ***. *** *** reality ** **** **** end ***** *** ***** to **** *** ****** of ****** *** ** know *** ***** ** tech, *** *** ** know **** ***** ** Buckingham ****** ***** ******* nothing.

*** ******* ******* **** of ***** ********** ** skateboards *** *********** ** turn ***** ******?

***'* ** ********* *** late?

*** ******* ******* **** of ***** ********** ** skateboards *** *********** ** turn ***** ******?

****, **** **** *** pelco **** **** **** Transom *** ** **** the ********** *** ********** markets ;)

* *** ******* *** days **** ***** *** the ** ** *******. Had ***** *** ************* and ******** **********. ***** quality ******* *** ******** service. * ***** *** of ***** ********* **** the ***** ****** ** analogue ***** ********* **** they ***. *'* ******** Casinos **** *** ***** needs **** ***** ** video ***** *** *******. Being **** * ***** part ** ********* *** not ****. *** ** see **** ******* **.

**** ******. ***** *** a ******-****** ** ****** video. **** *********** ****** the ****** ********** ** IP *****. **** **** falling ****** **** ****** shift ****** ********* **** along. **** ***** ********* perspective, **** **** ** Schneider ** *** ******* time. ***** *** ******* were ***** ****** *** the ******* ****** ****'* aware **** **** **** on *** ***** **** of * ***** ****** shift.

** ****** **** ********* didn't **** *** **** shouldn't *** *** ** the ****** *** *****'* downfall.

**** *********** ****** *** market ********** ** ** video... ** ****** **** Schneider ****'* **** *** they *******'* *** *** of *** ****** *** Pelco's ********.

******, **** ******** **** “credit” ** ****.

****’* ******** *** ********* promotion ** ** ***** and ********** *********** ** the ********** *****, ** well ** *****’* ***** of ****** *** **** dragging, ****** ****** ***** weakness, *** *** ******** of ** ********** ** their ***********, ********** *** enabled ** ****, *** well **** ******** ***** demise.

***** ***** **** **** the **** ** ** successfully ** ** *** a ****** **** *****? who ***** *** ******** historians **** **** ***** the ******* **** **** this **** ******* *** founded **** ****** ***** the ********* ****; *** their ******** **** ******* since ****, ** ***** by **** ***** *****:

* ** ** **** armchair ************** **** *** cheap ***** EMPHASIS>... *** ****************** ** a **** ******* *** of **********. ******** ***'** in *****, ******* ** you're ** *** ********** capacity, **** ******* ***** a ****** *******.

**** *** (*****) *'** right * **** ***** why ***** ***** **** succeeded, *** ****'*.

***** ** ********* * very **** **** ******* speculation, *** ********** ******** and ************ **** *** important ** **** *********** and ******** ******** *****. Sometimes **'* ** *** mind ** *** ********.

**** **** *** ***** write *****

****'* **** ****.

******: *** ******* ****** is ***** ** ****** ******* *** ****** on *****'* *** *******:

********* / ***** ******* a ***** ******* ** a **** **** ** not **** ** ****** atypical. ** *** **** does *** ** *******, Pelco **** ** ** even ***** ***** ** everyone ***** * **** failed. ** *** **** is ********* ****, ** is ******* *** **** would ******** *** ****** than ******* *** **** or *** ***** ****** to ********** ******** **, to ***** ********* ** the ********.

** ********, **** ** the **** ****** *** spectacularly *** ***** **** the ******, ** **** a ******* **** ** consistent.

...** ******* *** **** would ******** *** ****** than ******* *** **** or *** ***** ****** to ********** ******** **, to ***** ********* ** the ********.

** *** *** ********* at *** **** ***** be * ********** *****.

UPDATE *** ****: The deal is done and some employees have been laid off, according to various sources.

***** ******* *** ** us *** ** *** scheduled *** * **** in *** **** *** days. ** **** ******* a *** ****** **** more *********** *** ******** then.

***, ***** *******.

*** **** ******* * video ****** ****** **** a ****** *****? **** their *********, ** ***** odd.

******:********* ******** *** ********* the **** ** ****** *** ******** ************ I **** **** **** for ** *********** / sale:

********* ******** ********* *** sale ** ***** *****-********* (France), ** *** ****: Schneider ******** ********* ***** that ** *** ********* the **** ** *** Pelco ******** **** ** Transom ******* *****, * U.S.-based ******* ****** **** in **** **** *** terms ********** ********* ** March **** . ********* consultation **** *** ******** works ********, *** *********** closed ** **** *** 2019.

**** ** *** ****** press *******. ** ***** with ***** **** *** weekend *** **** **** on **** ********.

***, *** ****! *'* happy *** *** ****** working ** *****; ** must **** **** **** being "****-****" *** **** time.

*** ********* ** ***** (if *** ********* *** left) ***** *** ******, most *********** ******* ****** in *** ********. **** competent *** ***** **** 20+ ***** ************ ***** witnessed ***** **** *** dismantling ** ** ******* company ** * ********** mismanaged ******** ******** **** of * **** ****** company **** * ***** installed ********** **** **** couldn't *** ** ****! The ********* ******** ** Pelco ****** ** **** in ******* ** **** not ** ** **** a ******* $$$$$.

* **** **** **** comment ** ****** ** IHOP.

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