Vidsys Acquired, Employees Laid Off
One of the last remaining PSIM players from the market's heyday of a decade ago, Vidsys, is being acquired and employees are being laid off.
Inside this note, we look at the prospective acquirer, what potential they have for Vidsys, and what this means for the PSIM market.
Executive *******
********* ** * *********** ******* ***** to *** *******, ****** ** ***** sold ****** ********, * ** ***** ******** ********. In *********** **** ****, ******** ****** employees **** **** **** *** ** the **** *****.
******** **** ******** ** **** ****** and **** ******** ********** **** *** returned.
Vidsys *******
****** ******** **** ** ******** ** VC ******* **** *** **** ** years, ** **** ******* ************* *********:
*** **** ******** ********* ** *** company ***$** ******* ** ****.
******* **** ****,*** ******* **** *** ********* ** ** $* *******, ********* 28 **** ***** ** **** ****:
Revenue *** ******
** ******** ****** ****** ******* ** $5 ******* ** ****, ***** *** limited ****** ** *********, *** ***** sell-off, *** *** ******* ****.
Price **** *** ******
** ******** **** *** * **** sale *** *** ***** **** *** Vidsys *** $* ******* ** ****, given *** *******'* *** ******* *** the ******* ****.
Customers ********* - ******
*** ****** ** **** ****** **** have **** ***** ********* *** ***** customers, ***** *** ********** *********** ******** and *** ********** ** *********. *** Ares, *** ********* **** ***** *** incremental ******** *** *********** ** ********* these *******, **** ** *** *********** of ******* *** ****** ******* ** low.
PSIM ******* ****** **********
*** **** ****** *** ***** ******** from *********** *** *** ****** ******* vendors ****** **** ********, ********* ** significantly ***** ******, **** ******* ********** offering ****** **** ***** *** ****** control *********.
********, ******* *** ****-********** ** ***** cloud-hosted ********** ********* **** *********** ******* VC ***********, ******* ***** *** **** gone ** * **** **** ****** a ****** ***.
Ares ******** ***********
**** ******* ** **** ** * software *********** **** ******* *** *** US ***, *** *** **** *** as * ********** ******** ** ****. Ares *** ~** ********* ****** ** ********, ********* ** ***** *** **********, with **** **** ** ********/*********** *********.
**** *** *** *** **** ********,***** **, ******** *** ******* **** *********, large ****-******** ************.
************* ** ****** **** * "$*** Million ******* **********-********/**********-******** ********"*** ******** ******** ********** **** *** US ***'* ***** *** ****** ******* and ******* *****.
Other **** *****
******* ** *** ********** *** *****, exits **** ****** ****** ** *** last *-* *****, ** *********** ** end-of-life, *********:
- **** *** ******** ** **********
- *** **** *********** ** **********
- **** **** ******** *** ** ****
- ******** ******** **** ************ *******
- ******* ******** '**** ********' ***** *****
- ****** **** ******** ******* ******
Future ** **** ****
**** *** *** ** ****** *** CNL ** ********* **** ****, **** marks *** *** ** ** *** for ****. ***** ********* ******** ** the ******** ********** **** **** *** very ******* ****** ********* *** *****, this **** ****** ******** ** *** market.
** *** ***** ****, *********** ******* systems ** *** ***** ****. ******, now **** **** ****, ******* ********* tout '*******' ** *********** ** ******* security *******. *******, *** ******** ** an *********** ******* / **** ******** working ** ********* ******* *** ******* who ***** *** ** **** **** the **** ******** ** ****** ** an ***.
***'* **** *** **** ********* ****? You *** **** ** ******* ***** custom ************? *********, ** **** * VMS **** ******* ********** **** **** product.
***'* **** *** **** ********* ****? You *** **** ** ******* ***** custom ************?
*************, *** ***** *** **** **** providers ***** **** **** ** ************ already **** *** *** *** **** would **** *** * ******* **** them (*.*., * ********* ******* ********* Micros **** *** ****** ****** *******, etc.). ** ********, ***** *** * lot ** ****** ***********, ***** ***** are ******** ** ******** ********* *** there *** **** **** ********* **** small *** **** ********** ************ **** a ***** ****** ** ***.
* ******'* **** ** *********** ** standard ********** **** * *** ****** control ******** "******". ** **** ******** early ** ** **** **** ** were ****** ** **** **** ******* a ******** *******.
* ***** * *** ** ********* (of ****'* *** ***** ********) *** not ********** **** **** ********* **** probably ***** ** ****. ****'* *** I ***** ********* ***, "** **'** paying *** **** ***********, *** **** it? ** *** *** ** *** will ****** ** ** ****** ****, profiting *** *** ****? *** ***** if ** *** * ******* ** the ***** ****** *** **** *** it, **** *** ** **** ***?"
********'* **** ** ********** *********** ***** at * ****. ***** *** ******** and ******** ** ********* ******** *** there. *** ***'* ****** * ******* developer ** **** *** **** ** an *********** **** ***** *** **** up ***** *** ***** * ** three *****. *** * ***** ** more ********* *** ********** ** **** a ****** ****/*********** ***********, ********* ***** have ****** ********** *** ***** *** been **** ******* ** **** **** in ***** ** ******** *******.
****, **** ******. * ***** *** that ** *** ** *** **** companies ****** *** *** ****** ****** up, **** ***** **** **** **** successful. ** ********* ** **** *** economies ** ***** *** ****** *********** in ****. ***** **** *********** ************ is **** ********* *** ** * PSIM *** **** ** ********* ** customers, ********** **** ***** **** ********* every *********** ** ***********. **** ***** create * ******** *****, ***** *** more ********* **** ***, *** ***** the **** (** ****** *** *******) for **** *** ********.
** ******, ** **** **** *** close ** ****.
** *** *****, ** ****, ** will *** ** ****** ** ** Verkada ** ****** *******, ** ** won't **** ** ***** ***** ****, I ** *******, * *****...
** ****** ** ***** **** **** remaining ****'* **** ********* **** ***** or *********** ********** ** ** **** of * ******* ******* *** ******* platform *** **** **** **** ******** (for ****** **** *** *** ***** low ******* ******* **** ** **** and ***** *******). * ****** **** trend ** ********.
**********,
******* ******** ****. *** ***** **** Prysm ** *********** ****** ** * command *** ******* ********. * ***** consider **** ** ******* ***** ** say "****". *** ** *** ************* between *** ***?
*** ****** ****** ** *** ***** PSIM *** ** *** **? **** appear ** **** * ********** ******** base
********* ** ** **** **** **$ revenue, *** *** **** **** **** 5M$?
**** *** *** **** *** *** described ** '********':
** ****** *** ***** ******** ***** to $* ******* *****, ** ****, with ~** *********, ***** ***** ** no **** *** *******.
**** *******, * ********* *** ******* any ***** ** ***** *******, *.*.,*** '********' **********'* ********** **** **** **** ** **** the ******* ******** ******** **** ****:
*** **** *****'* '*****' *** ******* *****'* **** *******:
**** **** ***** ******* ***** *** 3 *********.******** ******* ** ********* *** ******* Optix.
**** **** ****?
*** *** *** ****** ******* (*** 5) ** *** **** *****? * know ********'* ***** ** **** ******, but ***'* **** **** ***** ******* is.
*** ***** * **** ********* ****? I ** *******, ****** *** **'* such * **** ****** **** ** few ******* **** *** ** ****** revenue *** **** **** * ***** it's **** ** *** *** ** a / *** ******.
** ***** ** *********** ** **** can **** * ********** ******* *** feature's ** ******** **** *********, ***** and ******* **** **** ****-**** ******** and "****" ****'*.
* ****** ** *** ** *** PSIM ********* ***** * ** * years ***. * ****** ***** *** concept *** *** **********. *******, *** business ***** **** ***'* *****. **'* a ***** ****, *** *************, * just ***'* ***** *** ***** ** there.
****** ******* *** **** **** *** at ***** *** **** *+ ****:
****'* ****** *** - ** ****** at ***** ******** ** **** ********. I ****** ** ***** ** ******* who ** *** ***** **** *** deal **** **** *** *********** ** the ******? * ****** ** *** whois ****** *** *** ****** *****'* expire *** ******* * ***** - so **'* *** * ******* *****.
***** ** * ********* *****, **** the ******* *** ******* *** ***** who ** ********* *** ******** *** website ** **. **********, ******, ******* the ****** ******* ** ** ** inexpensive *** ****** ****** ***** ** have.
* ***'* ***** **'* * ****** of ******* ** **. * ***** it *** ***** ****. ******* ** an ******* *********** (* ****** *********** issue), **** ** * ********* *****. It **** ***** *** ** ******* on **** *** (*****), *** ** fails ** ******** *** ***** *********. Also **** ** ******* * *** not ***** **** *** ** ******://******.***, ** * **** ***** ** still ** ***** ****** *******. *'* thinking **** ****'** ** *** ******* of *************** *** ****** *** ****** to *** ** * ********.
****** ********* ** **, ****** ** is ***** **** ***:
** **** ****** ** ** **** could / ****** **** ** * full ******** ***. ********* *** ***** be ******** *** ***, **** ** this ************, ** ******* ********* ****, at *****, ** **** ** *** appearance ** ********.
*********, ** **** * ******* :-(
** ****** * ****** ** **** one.
**** ***** **** ** "***, ** can ** ****" *** ******'* ******* on **** ********.** ****** **** **** were ********** ******** ** *** ****.
** **** ** ****** *** ** a **** **** ****.
******* ****. *** ***'* ** ******.