Acquisition (146)

Displaying 'Acquisition' tags 1 - 25 of 146 in total

Arecont Acquisition By Costar

(PRO Only)

Arecont Vision acquisition by Costar Technologies has been approved by the court, concluding the bankruptcy process triggered by Arecont's founders $80 million loan default, and winning the auction vs Turnspire. But who is Costar? And what happ...

By John Honovich - 5 days ago

Eastern and SavvyTech Merge, Form ENS, Targets ADI

(PRO Only)

ADI, ENS is coming for you. Or, at least, they hope. Two US distributors, NY based EasternCCTV and California based SavvyTech have merged, to form ENS. The company tells IPVM they aim to increase their branch count by 400%+ in the next 5 years....

By John Honovich - 7 days ago

New Top Bidder, Arecont Goes To Auction

(PRO Only)

$10 million cash will not be enough to buy Arecont. Though Arecont signed a purchase agreement with a turnaround specialist, a rival video surveillance manufacturer has entered a higher bid. Now, Arecont will be auctioned between those two bidder...

By John Honovich - 11 days ago

Simplisafe Acquired At $1 Billion Valuation

(PRO Only)

Simplisafe, the competitor alarm monitoring companies historically most love to hate, has been acquired by a mega private equity firm for a $1 billion valuation. Inside this note, we examine: Why this will make Simplisafe an even tougher com...

By IPVM Team - 17 days ago

Allegion Acquires Isonas

(PRO Only)

Isonas failed to 'revolutionize' access control as they regularly claimed. Now, nearly 20 years after their founding, they are being acquired by mega access control provider Allegion. Why did Isonas fail to 'revolutionize' access control? Wher...

By Brian Rhodes - 17 days ago

Pelco Is For Sale

(PRO Only)

Pelco is for sale, being shopped by an investment bank, IPVM has confirmed from multiple sources. The company, acquired by Schneider Electric in 2007 for $1.5 billion USD, has been mismanaged by Schneider in a decade of decline. In this note, ...

By John Honovich - 19 days ago

Buy Arecont: Top Bid $10 Million Cash

(PRO Only)

Last year, Arecont had a deal for a purchase price of $170 million (see Failed Arecont China Acquisition). This year, Arecont has a deal for a purchase price of $10 million cash. But there is just over a month to beat that. Good deal or not? I...

By John Honovich - about 2 months ago

Canon Acquires Briefcam, Now Owns Briefcam, Milestone and Axis

(PRO Only)

Canon already owns two of the biggest names in video surveillance, Axis (acquired in 2015) and Milestone (acquired in 2014). Now, Canon has acquired Briefcam, the most well-known specialist in video search. In this note, we examine: Briefca...

By John Honovich - 2 months ago

Nortek Acquires IntelliVision

(PRO Only)

One of the largest intrusion manufacturers, Nortek, has acquired the self-proclaimed 'Leader in AI-Based Video Analytics Software', IntelliVision. In this note, we examine the deal, Nortek's rationale, IntelliVision's mixed background and the p...

By John Honovich - 2 months ago

Netwatch / NMC Mega Deal Targets Global Remote Video Monitoring

(PRO Only)

Big money has entered the remote video monitoring market. While remote video monitoring has been done for more than a decade, the market has remained niche. Now, a private equity firm with more than $7 billion of assets under management plus Sa...

By IPVM Team - 3 months ago

ADT Hammered Again, Loses Another Billion In Market Cap

(PRO Only)

ADT's CEO told investors that, 'in baseball terms', ADT was batting 5 for 5. But investors told ADT's CEO, 'in baseball terms', that he was being demoted to Triple-A. Just 2 weeks after ADT lost a billion in market cap in the wake of the Amazo...

By John Honovich - 4 months ago

Hanwha Techwin Spins Out Security Business

(PRO Only)

In an era of security acquisitions and mergers, with most recently Avigilon being acquired by Motorola and Bosch merging its security businesses, Hanwha is going against that trend, spinning out its security business to provide greater independe...

By John Honovich - 4 months ago

ADT: "Hate That Company" Loses Billion On Amazon Ring Deal

(PRO Only)

It has not been a good 2018 for ADT. And this week has been even worse. In the aftermath of Amazon acquiring Ring for a billion plus, ADT's market valuation dropped a billion, as investors fear Amazon beating ADT. Indeed, on CNBC, investor Jaso...

By John Honovich - 5 months ago

Avigilon Admits Contacting 70 Bidders

(PRO Only)

A new Avigilon financial disclosure shows that Avigilon, via its banker, had contacted 70 bidders in a formal 'sales process' conducted in late 2016 and early 2017, confirming IPVM's report of Avigilon acquisition negotiations during that time. ...

By John Honovich - 5 months ago

Amazon Billion+ Dollar Acquisition - Ring

The world's largest online retailer, Amazon, is now on a fast track to become the Western world's largest residential video surveillance manufacturer. After Amazon bought wireless video surveillance specialist Blink in December 2017, Amazon has ...

By John Honovich - 5 months ago

Worst Camera Manufacturers 2018

(PRO Only)

Who is the camera manufacturer integrators have had the worst experience within the past year? 200+ integrators told us. Here are some possibilities, alphabetically ordered: Arecont: the 3-time defending champion, winner of the 2011, 2014 an...

By IPVM Team - 5 months ago

Aruba Networks Profile

(PRO Only)

Aruba Networks' presence in the video surveillance market has historically been limited. With a company focus on Wi-Fi first and switching practically an afterthought, security integrators would have little reason to take a second look at  their o...

By Sean Patton - 5 months ago

ADT / ASG 'Merger' Acquisition

(PRO Only)

ADT, the $4 billion annual revenue security giant, recently publicly traded again, has merged with security integrator Aronson Security Group, according to a message from Aronson Security Group's (ASG) CEO Phil Aronson. In this note, we examine...

By John Honovich - 5 months ago

Motorola Targets Chinese With Avigilon Acquisition

(PRO Only)

Motorola joins the growing list of companies taking aim at Chinese manufacturers. Recall, last week it was Hanwha: Chinese Products Damaged Industry and the week prior it was Axis: "It’s A Question Of Trust And Who You Want To Be Associated With"....

By John Honovich - 5 months ago

3VR Firesale to Identiv

(PRO Only)

A decade ago, 3VR raised more than $60 million to deliver facial surveillance and video analytics in a '3rd generation' video recorder. Now, 3VR has been sold to Identiv for ~90% less than what 3VR raised. What went wrong? What can go right fo...

By John Honovich - 5 months ago

Dahua Acquires Lorex From FLIR

(PRO Only)

Would you buy your own customer? Well, Dahua has just done that. FLIR has sold its Lorex / home / SMB business to Dahua, just over 5 years after FLIR bought Lorex for $59 million. In this note, we examine the deal, why it happened, and how it ...

By IPVM Team - 5 months ago

Convergint Acquired By Ares Management

(PRO Only)

Convergint literally has been acquiring integrators left and right, with more than a dozen in the past 2 years. Now, it is Convergint's turn to be acquired, by an "alternative asset manager" named Ares. Who is Ares? What does this mean for Conv...

By John Honovich - 5 months ago

Avigilon Acquired By Motorola Solutions

(PRO Only)

Avigilon has finally been acquired. The acquirer is Motorola Solutions, a $16 billion market cap publicly traded company who sells direct and has their own integration group but primarily an outsider to video surveillance. In this note, we exam...

By John Honovich - 5 months ago

Displaying 'Acquisition' tags 1 - 25 of 146 in total