Veracity Acquires PSIM Manufacturer iComply

By: Brian Karas, Published on Feb 03, 2017

Most well-known for their Ethernet extenders, with their own video surveillance storage offering, Veracity has now acquired a PSIM.

UK-based Veracity has a plan that brings these components together into a solution offering.

[link no longer available]

CEO Alastair McLeod [link no longer available] spoke with IPVM about Veracity's acquisition of PSIM platform icomply, and how this acquisition will help to build out Veracity's broader strategy.

In this report, we analyze the acquisition and outlook for Veracity.

**** ****-***** *** ***** Ethernet *********, **** ***** own ***** ************ ******* offering, ******** *** *** acquired * ****.

**-***** ******** *** * plan **** ****** ***** components ******** **** * solution ********.

[**** ** ****** *********]

*** ******** ****** [**** no ****** *********] ***** with **** ***** ********'* acquisition of **** ***************, *** *** **** acquisition **** **** ** build *** ********'* ******* strategy.

** **** ******, ** analyze *** *********** *** outlook *** ********.

[***************]

icomply **********

******* ** ****, ******* *** privately **** ** ***** their **** ** ********, which *** *********** ********* in ******** ****, *** only ******** ***** ********* and *********. *** ******* developed ****-***** ******** ** their ** ******, *** had * ****** ** customers ** *** ** and *****, *** ****** representation ******* ** ***** regions.

***** ***** ******* ******* were *** *********, *** company *** **** ** have ******* ** *** "low ********" *** *** hovering ****** * *****-**** point. ********* ** ********, icomply had ***** ****** *********** offers, *** *** ******* for ** *********** ** continue ** ******* *** product *** *** **** wind ** **** ** a ****** ************.

*********** *******

********'* *** ******** ** give * ******** ****** for *** *********** ******, be ** ******* ** is * **** *** multiple. *******'* ******* **** continue ** ** ********* and ****, **** *** company ********* **** ** less ** ** *** before, **** ***** ****** company ********'* **********.

*** ******* ******** **** be ******* ** ****** in *** ** *** Middle ****, ******* ***** Veracity ***** **** **** the **** *********** ******. In ***** *** ******* the ******** **** ** marketed ***** *** ******** brand, *** ** *** UK *** ***** *** icomply ***** **** ******, due ** *** **** recognition *** ******* *** in ***** *******, ********* to *** ***.

India ********** *** ********

***** *** **** * market ***** ******** *** seen ********* *** ***** products, *** **** *** not *** ******* ******* this ******, *** ** the ************** ******** ** establishing * ********* ******** in *****. *******, ******* icomply already *** ** *********** business ****** ** *****, Veracity *** *** **** to ***** ***** ******** into *****, ********* ** Veracity.

******** ********

*** ******** **** ** Veracity *** ** ***** on ******* ******** ******* to "************, *******, *** display", ********* ** *** CEO. ********'* ******* ******** over **** *** ********-******** products **** **** *** transmission *****, *** ***** ********* ******** ******** * ******* product. *** ******* *********** provides *** ******** ******** they *** *** ** deliver ** *** "*******" part ** ***** ********.

******** ******* ** ****** their ******* ********* ** a *********-******** ******** ** the ***** ** ********* that ***** ********* *** value ** ****-**** *****-******** integrations, *** **** ***** storage *****. **************, **************, critical **************, *** ******* customers *** *** ****** market.

Coldstore ***** **********

********* ****** * *********** storage ********, *** ** is *** ********** **** every ***, *** **** competes **** *** ********* that **** ***** *** storage ******** *******. ***** factors *** **** *** sales ******* *** ********* more *********** *** ********, as ********* *** **** the **** ** *********, but **** **** ** does *** **** **** their ***, ** *** VMS ****** *** *** to ******** *** ******** to *** ***** *** storage ******** ******* ** Coldstore.

** ******* *** ******* software *** *** ********* platform ******** ** * solution, ******** *** ****** control *** ****, *** demonstrate *** ************ ** the ******* *** *** together ***** **** ******** the ******** ***** **** not ** *********** **********.

More ************ ********, *** *** *******

*** *** *** *** rule *** *** *********** of ********** ************, ****** that ******** *** **** profitable *** **+ *****, and *** *** ********* to **** ***** ********* acquisitions ** *** *********** is *****. ******* ** was ********** **** *** company *** ** ******** in ********** * ****** product. *** ******* ** that *** ****** ******** has ******* ************ *** they *** ****** *** remaining ****** ********, ****** than ******** ***** *** camera ** ****** * more *********** ***-**-*** ********.

****

Veracity *******

******** *** ******* ** carve *** * ***** with ***** ********* ******** for * ****** ** years, *** **** **** so ** * *********** fashion (***** ** *** CEO's ****** ** ***** profitable *** *** **** decade). *** ******* *********** is ******** ** **** up ******* *** *******, but ** **** **** Veracity *** ******* ** extend ***** ******** *** position ********** ** **** solution-oriented *** ******* ** a **** ******* ***** than ******* ************ *** storage ******** *****, ***** customers ********* ** *** directly ******** ****.

Comments (10)

Wow, that is an interesting purchase. I met Mr. McCleod 4 or 5 years ago at an ASIS show I think. He was a pleasant person and you could tell he took great pride in his company. But how these two solutions are used to leverage each other will be interesting to see.

Good move by Veracity. iComply is used in town centre cctv etc this can only help in the use of veracity products being used in those arenas etc as well. Best of luck to them :)

Is there anyone here that has extensive familiarity with using the long span at maximum distance, if so were there any issues? Such as frozen video feeds, having to recycle power to one of the units in the field etc. I'm paranoid.

This should probably be peeled into a different thread.  In engineering terms paranoid is good.  I have two entire parking decks using a mixture of Veracity, Comnet, and Altronix PACE series.  The ComNet product has been moderately unreliable at long distance.  As units fail I replace with Veracity which has been much more reliable over long distance in various weather conditions.  The Veracity units themselves provide some level of feedback with all of their status lights which is useful when troubleshooting.  The second deck is all Altronix -- I am quite pleased with the product so far though it has only been in place for 4 months though those four months have seen sub zero temperatures in my region.

One note - on longer runs over coax pushing the limit I jump the gauge up.  RG-59<RG-6<RG-11

 

Thank you for the comforting insight UI#2. Looking at applying the Longspan Ethernet on Cat6, all drops are 140' elevation with additional horizontal runs extending between variables of 300' to 550'. The critical piece is partial or complete failures as each service call will require a 180' boom lift with ground safety spotter. At 50+ overhead 4K cameras the intent is 100% volumetric visibility of this cavern of death. Thanks again.  :D

 

If you have any issues then please email support@veracityuk.com

This will generate a ticket which will then ensure that any queries are dealt with

Thanks

Geoff

 Good luck, Alastair.

So, did anybody win the acquisition contest?

Not yet, we're keeping it open a while longer.

Update: Veracity is now marketing an end-to-end solution:

Read this IPVM report for free.

This article is part of IPVM's 6,434 reports, 865 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now

Related Reports

NetApp Video Surveillance Profile on Mar 09, 2020
NetApp is increasing its efforts in video surveillance and told IPVM...
Milestone Launches Multiple Cloud Solutions on Feb 18, 2020
Milestone is going to the cloud, becoming one of the last prominent VMSes to...
Avigilon ACC Cloud Tested on Jul 08, 2020
Avigilon merged Blue and ACC, adding VSaaS features to its on-premise VMS,...
Anyvision Layoffs on Mar 19, 2020
Anyvision has conducted a layoff, citing the impact of coronavirus, joining a...
Micron 1 TB SD Cards Aim To Eliminate NVRs on Apr 08, 2020
Micron has boldly proclaimed their latest 1TB microSD "eliminates the need...
Euklis Presents AI Analytics on May 05, 2020
Euklis presented its AI facial recognition, LPR, and object recognition...
Sequr Presents HID based Cloud Access Control on Jun 04, 2020
Sequr presented HID based Cloud Access Control at the May 2020 IPVM Startups...
JCI "Fever Camera" Partners With China TVT on May 19, 2020
Johnson Controls (JCI) is the next big player to get into the 'fever camera'...
OpenEye Presents Cloud Integration For Remote Alarm Monitoring on Apr 29, 2020
OpenEye presented its cloud-to-cloud integrations designed for remote alarm...
Avigilon Presents Cloud Connected ACC on May 13, 2020
Avigilon presented Avigilon Cloud Services, which supports cloud-connected...
PDQ Presents Cloud Mobile Access Smart Locks on May 04, 2020
PDQ presented its mobile, wireless access system 'pdqSmart' at the April 2020...
NetApp Presents Hybrid Cloud Video Archive on May 11, 2020
NetApp presented its hybrid S3 cloud video archive at the April 2020 IPVM New...
LSP Presents 2nd Generation FP Power Supplies on Apr 29, 2020
Life Safety Power (LSP) presented its FP2 power supply in the April 2020 IPVM...
Video Surveillance Business 101 on Mar 30, 2020
This report explains the fundamental elements of the video surveillance...
Every VMS Will Become a VSaaS on Feb 21, 2020
VMS is ending. Soon every VMS will be a VSaaS. Competitive dynamics will be...

Recent Reports

SIA Coaches Sellers on NDAA 889B Blacklist Workarounds on Aug 05, 2020
Last month SIA demanded that NDAA 899B "must be delayed". Now that they have...
ADI Returns To Growth, Back To 'Pre-COVID Levels' on Aug 05, 2020
While ADI was hit hard in April, with revenue declining 21%, the company's...
Exposing Fever Tablet Suppliers and 40+ Relabelers on Aug 05, 2020
IPVM has found 40+ USA and EU companies relabeling fever tablets designed,...
Indian Government Restricts PRC Manufacturers From Public Projects on Aug 04, 2020
In a move that mirrors the U.S. government’s ban on Dahua and Hikvision...
Directory of 200 "Fever" Camera Suppliers on Aug 04, 2020
This directory provides a list of "Fever" scanning thermal camera providers...
Face Masks Increase Face Recognition Errors Says NIST on Aug 04, 2020
COVID-19 has led to widespread facemask use, which as IPVM testing has shown...
Dahua Loses Australian Medical Device Approval on Aug 04, 2020
Dahua has cancelled its medical device registration after "discussions" with...
Google Invests in ADT, ADT Stock Soars on Aug 03, 2020
Google has announced a $450 million investment in the Florida-based security...
US Startup Fever Inspect Examined on Aug 03, 2020
Undoubtedly late to fever cameras, this US company, Fever Inspect, led by a...
Motorola Solutions Acquires Pelco on Aug 03, 2020
Motorola Solutions has acquired Pelco, pledging to bring blue back and make...
False: Verkada: "If You Want To Remote View Your Cameras You Need To Punch Holes In Your Firewall" on Jul 31, 2020
Verkada falsely declared to “3,000+ customers”, “300 school districts”, and...
US GSA Explains NDAA 889 Part B Blacklisting on Jul 31, 2020
With the 'Blacklist Clause' going into effect August 13 that bans the US...
Access Control Online Show July 2020 - On-Demand Recording of 45+ Manufacturers Presentations on Jul 30, 2020
The show featured 48 Access Control presentations, all now recorded and...
Face Detection Shootout - Dahua, Hanwha, Hikvision, Uniview, Vivotek on Jul 30, 2020
Face detection analytics are available from a number of manufactures...
Sunell is The First China Manufacturer to Market NDAA Compliance on Jul 30, 2020
Most China manufacturers are going to be impacted by the NDAA 'Blacklist...