Vidsys CEO Out

Author: John Honovich, Published on Jan 27, 2015

Three years ago, Vidsys, one of the last independent PSIMs, named a prestigious CEO.

Now he is out.

In this note, we look at the move and the future for Vidsys.

***** ***** ***, ******, *** ** *** **** *********** *****, named * *********** ***.

*** ** ** ***.

** **** ****, ** **** ** *** **** *** *** future *** ******.

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

Michael *. *******

** ****,****** ************ *. ********* ***** ***. ******* ******* * *********** ********** ********* ***** as ********* ********* ** *** (****-****), ****** ********* ** *** *** (2001-2003) *** ****** **** ********* ** *****. ** *** **** an ******** ************ *** **** (*.*.,**** *********). *********** ****'* ***** ******, **** *** ***** * ******* hire.

***, ** ** ***. *** *** *** ******** ** *** and ******* *** *** ********* ******** ***** *** *** ***** *******. ******' ********* ** **** **** **** ******* "*** ***** ** ** ***** ********."

******* *** ***** ******* ** ** *********** **********, *** ************ ******** ****.

The ****

**** ** * ******** *********** *** ******, ******* ******* *** forced *** ** ****. ***** *** ****** *** ******* *** departure, ** ***** ****** ** ** ** *** *****, ** typically ****** *********** ******* ****** ********* ** *** ******** *** and **** ** ******** * ***********.

Vidsys ******

*** **** ****** *** ********* ** * *****. **** ******' own ******** ** *** **** ****** **** *** **** $*** million *** ****, **** **% ****** ****** ****** *****.

*******, ****** *** ******* * ************** $**.* ******* ** **** ******* ** ****. *******, *** ******* *** ****** **** **** $** *******, including *$** ******* ***** ** ****.

** *** **** ****, *** ******* ***** ****** **** **** funds ********* **** *** **** *****. *** ******** ** **** the ****** ** ****, ********** ******** ** *** ******* ********* have *** **** *** *******.

*** ** * **** * *** *** *** **** ************* and *********** ** *** ** ********** **** **** ** **** more *********** *** ******.

Comments (5)

*** ** * **** * *** *** *** **** ************* and *********** ** *** ** ********** **** **** ** **** more *********** *** ******.

***, *** * ***** **** **** ******** *** **** ** that ****** ******.

***** ****** **** *****? *****'* **** ** **** ************* **** can ******* ******** ******** ** ********* ** ** **********, ********* non ********, ******.

**** ****** ***** ** *** ****** ** ****** ******** ** thousands ** ***** *******.

* ***** ***** ***** ** * *** ** ********* *** PSIM *********** ** ***** ********** ********, ******* ****, *** ** forth ****** **********.

** ******** ******* ** *** ********** ****** *** *** *** lulled **** ********* **** ******* ** ***** $***,*** *** * basic ******* **** ********** *** **** ** *** **** **** complex **** * $**,*** ******** ********. ** *** ***** *** government, ***'** *** ** ******* ******** **** * ******. *** to ******* **** * ****** ******* ****** **** **** * long, ******* ***** *****.

***** *** ***** ******* ****** *********** *** *** *** ***** charge * ***, *** *** **** * **** ***** ********, and *****'* ********** *** ********** ******.

******* ***** ******* ******* ***** ****** ** **** ****** ***** exactly **** * **** ** ** ****.

"**** ********** *** **** ** *** **** **** ******* **** a $**,*** ******** ********"

*** **** *** *** ****** *** *** **** ***** ** PSIM? :) *** **** * ******* ******, *** * *** CEO....

** *** ***********, * *** * **********:

  • *****'* ********* * *** ** ****** *********** ****** ***** ***** are ** **** ******, ********* ******** ********** ** ** **********.
  • ***** ***** **** ** **** ** ***** *** ******* **** high *****.

**** ** **** *** ******** ** *******.

* ******* ******* **** ******* *. ******* **** ** *** DHS ***** ****** ** *** ****** *****. **** *************.

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