Spins Out Trax / Loss Prevention Software

Author: John Honovich, Published on Feb 06, 2010

March Networks has spun out their Loss Prevention Software product lineup, originally purchased in 2006 for CAD $7.8 Million.

In an email statement, March discloses:

"March Networks has negotiated a strategic partnership with Loss Prevention Works LLC (LPW) pursuant to which Loss Prevention Works has obtained an exclusive license to develop, market and sell the Extreme Loss Prevention (ELP) portfolio of products and services. By partnering with Loss Prevention Works, March Networks is able to focus on its investment and technology development on core technologies and selected high growth vertical markets while relying on LPW to fulfill existing obligations with our ELP customers and support any new strategic retail accounts that we may pursue."

While March is no longer marketing this offering, readers can review an existing brochure of the Extreme Loss Prevention software solution (from Google's cache).

Details on the new partner are not available. March Networks states, "LP Works is a new venture backed start-up whose founders have strong retail and loss prevention backgrounds."

In terms of March Network's focus, March responded, "Banking, transportation, commercial industrial segments will continue to be our focus for both the DVR/NVR solutions as well as our VMS, standard resolution and HD cameras, analytics."

While this move looks to be an acknowledgment of a poor fit, we think spinning out makes sense. While consolidation is in 'flavor' currently, we think many companies could benefit from increased focus on core offerings.

We continue to believe that they key issue for March Network's long term success is how well they can integrate the Cieffe acquisition and transition to become an IP video company.

Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

From The Basement To Buried Behind Chinatown: ISC West Emerging Technology Zone on Feb 22, 2019
What does ISC West think about 'Emerging Technology'? Well, last year, they put those companies in the basement. This year, they moved them up to...
Private School IT Manager Surveillance Interview on Feb 22, 2019
This IT manager describes himself as the "oft-maligned IT person" whose "opinions may not always be appreciated by the integrator crowd." But he is...
Outdoor Camera Mounting Hardware Guide on Feb 21, 2019
Mounting cameras outdoors can be challenging, requiring understanding different types of equipment and methods. In this guide, we teach this...
HID Favorability Results 2019 on Feb 21, 2019
HID favorability results were strong, in the 2019 IPVM integrator study of 200+ integrators, with a net +62% and low negativity as the table below...
First US State, Vermont, Bans Dahua and Hikvision on Feb 21, 2019
The first US state, Vermont, has issued a ban on a number of Chinese and Russian manufacturers including the world's 2 largest video surveillance...
ADI 'SAVE BIG' On FLIR And Hikvision Examined on Feb 20, 2019
One is a major US defense supplier. The other is owned by the Chinese government. But you can "SAVE BIG" on both at ADI. In this note, we...
BluB0x Company Profile on Feb 20, 2019
BluB0x has doubled in revenue every year since its founding in 2013, according to CEO Patrick Barry. We originally reported on them in 2015. At the...
Massive Leak Of Chinese VMS Provider Exposes Xinjiang Surveillance on Feb 20, 2019
A subsidiary of China’s claimed largest VMS provider is tracking the precise location and ethnicity of millions in China’s Xinjiang region,...
Security Installation Tools Guide - 22 Tools Listed on Feb 19, 2019
In this guide, we cover 22 tools that security installers frequently use. This is one part of our upcoming Video Surveillance...
Sales Cuts At Rasilient on Feb 19, 2019
Over the past 2 years, video surveillance storage specialist Rasilient has expanded its workforce significantly, aiming to build its own branded...

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