In business for 20 years but only recently doing any significant marketing, 3xLogic has moved from a VMS developer to an end-to-end solution provider. The company has made acquisitions, attracted an industry veteran as CEO, and is raising money f...
By IPVM Team - almost 3 years ago
A decade ago, Intransa and Pivot3 both hit the video surveillance market hard with big money and big claims for advanced storage offerings. Intransa died a few years ago and Pivot3 has gone back and forth with their focus. Now, Pivot3, with a si...
By Brian Karas - almost 3 years ago
We take it back; All the things about Ingram Micro being a bunch of fools. They have totally redeemed themselves. Faced with an increasingly damaged domestic economy, Chinese companies are loading up on debt and buying Western businesses in a wil...
By John Honovich - almost 3 years ago
With the Favorite Camera Manufacturers 2016 and Worst Camera Manufacturers 2016 identified, we now turn to the VMS manufacturers. 150 integrators from 20 countries answered the following open ended question: 4 manufacturer stood out. Since ...
By John Honovich - almost 3 years ago
The world's least favorite security company, ADT, is being merged in a mega deal with Protection 1. The ADT brand, though, is staying, as they note "the combined company will operate primarily under the ADT brand." Price Premium / Stock On the ...
By John Honovich - almost 3 years ago
Axis rarely makes acquisitions. They get acquired, of course, (i.e., by Canon for $2.8 billion USD last year) but they generally do not buy other companies, typically focusing on internal developments and partnerships. Now, Axis has acquired a vi...
By John Honovich - almost 3 years ago
One of the biggest security manufacturers and integrators (Tyco) and one of the biggest building management providers (JCI) are combining. The two companies together will do over $40 billion in revenue. The combined corporate name will be "Johnson...
By John Honovich - almost 3 years ago
Avigilon soon may no longer be an independent company, but Avigilon's CEO is determined to control his own destiny. After 2 years of punishing stock price falls and rapid management turnover, a weakened Avigilon has now implemented a plan to get ...
By John Honovich - about 3 years ago
Tyco is betting $175 million on the retail market, acquiring retail analytics firm ShopperTrak. In this note, we look at the valuation and impact of the acquisition.
By John Honovich - about 3 years ago
Securitas, one of the largest security guard companies in the world, with 300,000+ employees, has acquired one of the largest North American integration business from Diebold (see Diebold press release and Securitas press release). In this note, ...
By John Honovich - about 3 years ago
A number of Avigilon investors and analysts have asked us about the potential for Avigilon to be bought out / taken over. Basically, with the stock price down so far (60%+ since the peak last year), the idea here is that Avigilon is now very 'che...
By John Honovich - over 3 years ago
One of the bigger players of the prior era is exiting the video surveillance market. NICE is selling off its 'physical security business unit' to a US investment firm. From speaking with both NICE's General Manager and the investment firm partne...
By John Honovich - over 3 years ago
One man is betting $50 million on hosted access control. Dean Drako, who has been investing millions into building a cloud video startup, Eagle Eye, is now doubling down his commitment to the physical security industry. In this note, we share de...
By John Honovich - over 3 years ago
The plan to merge two second-tier door hardware and access control companies may give birth to a new giant. Europe-based Dorma and Kaba plan to join forces and instantly challenge the scope and depth of the biggest incumbents in the market. What ...
By Brian Rhodes - over 3 years ago
Evidently they are not done yet. In the past 18 months, Avigilon raised $169 million, then bought nearly $100 million in patents, VideoIQ for $32 million, and a building for $42 million. Now, Avigilon has secured another $200 million USD in fund...
By John Honovich - almost 4 years ago
The dominoes continue to fall. One of the biggest VMS providers in North America, OnSSI, has bought one of the biggest VMS providers in Europe, Seetec. In this note, we break down the strengths and weaknesses of this combination, and how it matc...
By John Honovich - almost 4 years ago
Hikvision admits their equipment got hacked in a large government deployment - stock down just 7.5% Avigilon announces revenue up 42% - stock down 15% If you are an Avigilon investor, you just cannot win over the last year. In this note, we bre...
By John Honovich - almost 4 years ago
ObjectVideo is making millions on patents. And Avigilon will now look to build on that momentum. New financial disclosures as part of Avigilon's OV patent deal shows this. In this note, we break down the financials and examine what this means fo...
By John Honovich - almost 4 years ago
This is the biggest deal in video surveillance ever. Just 8 months after buying Milestone, Canon is set to buy Axis. Canon has offered $2.8 billion USD for Axis, a ~50% premium over Axis stock price. Axis' 3 main shareholders, holding 39.5% of t...
By John Honovich - almost 4 years ago
Another VMS is acquired. Another mega company buys a VMS. Following the 2013 Tyco acquisition of Exacq and the 2014 Canon acquisition of Milestone, now Panasonic has acquired VideoInsight. In this note, we provide feedback from VideoInsight's f...
By John Honovich - almost 4 years ago
The Tyco-fication of Exacq is gaining stream. Exacq has fired multiple manufacturer representative firms. In addition, Tyco has implemented a number of cross-selling / favoritism tactics for American Dynamic cameras. In this note, we examine the...
By John Honovich - almost 4 years ago
Spending $80 million on patents last month was evidently just the start. Now, Avigilon has acquired 96 more patents from 4 different companies. In this note, we examine this high risk / high reward strategy and how it can impact rivals and the i...
By John Honovich - almost 4 years ago
The big deals continue. This time, Bosch has bought a US integrator, Climatec, that did ~$190 million in 2014 revenue.
By John Honovich - about 4 years ago
$80 million cash for no products, just patents - one of the most unusual deals in the history of the video surveillance industry. IPVM did a survey of more than 50 manufacturers - Avigilon's competitors - to see what their outlook on the deal was...
By John Honovich - about 4 years ago
Wow. You thought Object Video played hardball suing large manufacturers like Bosch, Samsung, Sony, Pelco, etc. Now, Avigilon has acquired all of OV's patents for $80.3 million, and all of their licensing agreements with a who's who of surveillan...
By John Honovich - about 4 years ago
