Seeks to Acquire Companies

By: John Honovich, Published on Mar 10, 2009

The founder of ioimage, Roni Kass posted a note on the LinkedIn Video Analytics Group. His note stated, "We are interested to collaborate/acquire different companies, which have complementary technology/products to our products. These can be unique intelligent video algorithms, special sensors, and unique hardware solution. Companies may be pre-revenue (in advanced prototype stage), initial revenue, or more mature companies." In an e-mail exchange with ioimage, Kass stated, "Business is going well, good time to grow, and we cannot do everything in-house". He did not disclose funding available for acquisitions. I think it's most likely that any acquisition is more for technology than established brand as most brands in video analytics are too weak to have value and the few that do would cost too much. Also interesting is the use of a social network like LinkedIn to prospect. It's a sign of the increasing power of the Internet to conduct business. And because LinkedIn provides a global scope (that group has almost 2000 members), ioimage may be able to find a relatively unknown company without spending on traditional middlemen.

Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

Wyze Disruptive AI Analytics Tested on Jul 17, 2019
$20 camera disruptor Wyze has released free person detection deep learning analytics to all of their users, claiming users will "Only get notified...
Anyvision Aims For 2022 Revenue of $1 Billion on Jul 17, 2019
Only 3 video surveillance manufacturers do a billion dollars or more in annual revenue - Hikvision, Dahua, and Axis. Now, Anyvision plans to join...
HD Analog vs IP Guide on Jul 16, 2019
For years, HD resolution and single cable signal/power were IP camera advantages, with analog cameras limited to much lower resolution and...
How To Troubleshoot Wiegand Reader Problems - Inverted Wiring on Jul 16, 2019
Wiegand is the dominant method of connecting access readers, but problems can arise for installers. In fact, one of the most difficult reader...
ZeroEyes Gun Detection Startup on Jul 16, 2019
A gun detection video analytics startup, ZeroEyes, is being led by a group of 6 former Navy SEALs, aiming to "save lives" by using AI to assist...
Motorola Acquires Watchguard, Adds to Vigilant And Avigilon on Jul 15, 2019
2 years ago, Motorola had no position nor relevancy to video surveillance. Now, they own major video surveillance, LPR and body camera providers...
Hikvision Global News Reports Directory on Jul 15, 2019
Hikvision has received the most global news reporting of any video surveillance company, ever, ranging from the WSJ, the Financial Times, Reuters,...
Vivotek Trend Micro Cyber Security Camera App Tested on Jul 15, 2019
Vivotek and Trend Micro are claiming five million blocked attacks on IP cameras, with their jointly developed app for Vivotek cameras. This new...
Beware African 50,000 IP Camera Contract Scam on Jul 12, 2019
A “Nigerian Prince” scam for the video surveillance market is going around. You, or at least we, could be lucky enough to be the single bidder for...
Axis ARTPEC-7 P1375-E Camera Tested on Jul 12, 2019
Axis claims the new P1375-E box camera with ARTPEC-7 chip delivers "clear, sharp images in any lighting condition." But how well does it do? We...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact