Envysion acquires LightHaus, adds analytics capabilities
LOUISVILLE, Colo.—Envysion, a managed video surveillance as a service (VSaaS) provider based here, on May 7 announced its acquisition of analytics developer LightHaus Logic.
As part of the acquisition, Envysion gained some of LightHaus’ employees. Envysion will maintain LightHaus’ office in Vancouver, British Columbia. It will operate as Envysion Canada, a wholly owned subsidiary of Envysion.
The companies expect full integration by the end of 2015.
“This acquisition extends our capabilities, strengthens our position in the retail market, and bolsters our position as the technology leader in the industry," Matt Steinfort, president and CEO of Envysion, said in a prepared statement
“Video analytics enables us to provide a rich set of metrics, from the number of people that enter a store and buy, to how long a person spent in line and where they went within the store," Steinfort added