Video Analytic Vendor Keeneo Acquired

Author: John Honovich, Published on Aug 03, 2011

In August 2011, French video analytic vendor Keeneo was acquired by UK security provider Digital Barriers. In this note, we examine the details of the deal, the financial positioning of both companies and why this is another sign of the poor performance of the video analytics market.

Let's start by reviewing some basics of Keeneo:

  • ******** * * **** *** ******* **** * *** ***** employees *** **** ***** *********, ********* ** ******.
  • *** ******* ****** ****** ***** ***** ******** ******** ******** ** criticial ************** / ******** ******** ************. ***** ********* *** ******** on * *** ****** ***** ** ************* ~$*,*** - $*,*** MSRP.
  • ****** **** *** **** ***** ******* *** ********.
  • ****** ****************** **** * ****** ** *** ***** *** **************** *********.
  • **** ********** ** * ** ******* ***** *************** ****** ****** ****** ************* **** **** *** $**+ ******* that ******* ***.
  • ** ****, ****** ******** ******* ** €*.** ******* (~$*.* ******* USD) **** * **** ****** ******** *** *** ** €*.** million. ** ********, ** ****, ******'* ******* *** €*.** ******* ($750,000) **** * **** ** €*.** *******.

** ******* **** ******'* *** *********** ***** ** ****** *** in *** ******* ***** ******* ******** ***. ***** * ********* payout ** €*.* ******* ** **** ******, **** €*.* ******* will ********* ** **** *** **** **** ** "******* ** the ******* ** ******." *** ** **** ******* €*.* *******, 20% **** ** ******* ******** ****** *** *** **** **** be ****.

******* ************** £**.* ******* *** *** ** *** ***** ** ******* up ******* ******** ********** ********* ** ****** ** *** ** end ******** ********** ******** *** **** *** ******* (***, *** * ******** ** ****, ** * **** ******* of *** ********). *******, **** ** ******* / ********* ***** Digital ******** ** *** *** ***** ******* ** - *** 2010, ******* *** **** £*.* ******* (~$**.* ******* ***). ******* Barriers ** * ****** ***** ******* ****** **** **** ********* / ***** ***** *** *********. ********** *******'* **** ****** ********* **** *******.

********* *** ****'* ******

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

  • *** *******- **************, ******'* ******* *** ****** *** - ***** $*.* Million ***. ******** ********** *** *** ****** ** ***** **** (over $***,***). **** ****, **** ******* *** ** ***** **** other ******* ******** ********* ** *** ********.
  • *** *********** *****- ***** ** ** **** ** ********* *** **** ******'* founders *** ********* ******** **** **** ****, ** ******* *** net ****** ** ****** *** *** *** *********** ******* **** be *********** ** ***.
  • ** **** ********- *** ************, *** ******* ********* ***** ** * ********** unknown, ************* ****. ** ** *** *** **** ****** **** large ******* *********** / ********** ********** (******* ** ********** *******).

***** ***** *** ********** ******* ** *** ********, ** ******* their ********** *** ****** ******* (** **** *******) ** ****** typically ** ********* ** ***** ******** *************** *** *****.

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