CHICAGO and VANCOUVER, British Columbia—In early February, Motorola Solutions announced its definitive agreement to acquire video surveillance and access control manufacturer Avigilon. Avigilon later announced that its CEO and chairman of the board, Alexander Fernandes, is retiring following the deal.
VANCOUVER—Avigilon CTO and SVP Mahesh Saptharishi will lead the video and security solution provider’s Centers of Excellence initiative, Avigilon announced May 11.
VANCOUVER, British Columbia—Avigilon today announced it spent $13.3 million acquiring video analytics patents that extend into behavioral recognition, video segmentation and meta-data and more. This deal comes one month after the video surveillance provider spent $80 million to acquire patents from ObjectVideo.
VANCOUVER, British Columbia—The future of the video surveillance industry “is about business intelligence and video analytics,” according to Avigilon CEO Alexander Fernandes, and Avigilon’s purchase of a division of ObjectVideo equips it for that future with what he calls the “strongest portfolio of intellectual property related to video analytics … the designers, technical knowhow, trade secrets and now the patents.”
VANCOUVER—Avigilon on Oct. 1 announced that its High Definition Stream Management (HDSM) technology has been awarded a patent by the United States Patent and Trademark Office.
VANCOUVER, Canada—HD surveillance provider Avigilon announced Dec. 31 that it will pay $32 million to acquire VideoIQ, a Billerica, Mass.-based video analytics company.
VANCOUVER—In a $17 million cash purchase, high-definition surveillance provider Avigilon Corp. on May 30 announced it acquired privately held RedCloud Security, a provider of Web-based physical and virtual access control systems.
Vancouver-based Avigilon, manufacturer of megapixel cameras and other video surveillance products, is opening a U.S. headquarters in Dallas, the company announced this morning.
