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Avigilon announces professional monitoring support for Avigilon Blue

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Wednesday, October 24, 2018

Avigilon Corporation, a Motorola Solutions company, recently announced that its Avigilon Blue cloud platform is now integrated with SureView Systems Immix CS and Immix CC software, which will support professional video monitoring.

The Avigilon Blue cloud platform features patented self-learning video analytics that detect movements of people and vehicles and generate an alarm with a short video clip, allowing central station operators to more efficiently verify and respond to potentially critical events. The integration with Immix CS and Immix CC software will feature alarms with live and recorded video as well as audio transmission, the announcement noted.

"Video analytics-based alarm management will enable central stations to manage significantly more cameras and sites with fewer resources and help provide faster response to events, which ultimately creates a better monitoring experience for both the central stations and the end users," Ryan Nolan, senior vice president of business operations at Avigilon, said in the announcement. "With our advanced video analytics, the Avigilon Blue platform integrated with SureView software will provide our customers with a single point of control for security response and coordination."

The Avigilon Blue integration with SureView Immix CS and Immix CC software is expected to be available in November 2018, the announcement noted.

"At SureView, we develop a powerful monitoring platform to improve customers' ability to manage and respond to security events," Simon Morgan, CTO at SureView Systems, said in a prepared statement. "With Avigilon Blue's exceptionally accurate analytics and low false alarms, this new integration will further enhance the operational efficiency and value of professional monitoring services."

Avigilon adds AI to entry-level camera lines

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06/19/2018

VANCOUVER, Canada—Avigilon Corporation, a Motorola Solutions company, recently announced it has extended its video analytics platform to the H4 SL and H4 Mini Dome camera lines with the addition of Unusual Motion Detection (UMD) technology.

Avigilon to be acquired by Motorola Solutions

Avigilon CEO to retire following the deal
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02/14/2018

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.

Avigilon helped to secure Rio’s 2016 Olympics

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08/24/2016

VANCOUVER, British Columbia—Avigilon’s technology—including video surveillance cameras, network video recorders and the company’s video management software—was used to keep the 2016 Summer Olympics in Rio de Janeiro safe and secure, the company announced on Aug. 22.

Avigilon makes some changes to its $240m facility

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Wednesday, July 20, 2016

VANCOUVER, British Columbia—Video surveillance and access control provider Avigilon on July 18 filed documents to amend its existing $240 million multi-tranche senior secured syndicated credit facility. Security Systems News has previously reported on this credit facility. Originally closed on April 7, 2015, the facility's maturity date has been extended from April 7, 2018 to April 7, 2019.

I spoke to Avigilon's Darren Seed about the deal. Among the changes is one item which ups the price of a "permitted acquisition" from $30 million in the old deal, to $40 million in the new deal. Is Avigilon poised to buy a start-up for $31 million?

Seed said one shouldn't read anything into the small changes in the deal. He characterized this amendment and others as simple housekeeping. The extension was made at a very nice rate, he said, it made good business sense for Avigilon to take advantage of the terms offered. 

Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions.

Avigilon to give preferred rates to ‘early adopters’ of its patent license plan

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02/29/2016

VANCOUVER, British Columbia—Avigilon, video surveillance, access control and security solution provider, in February announced the launch of the “Early Adopter Plan” for the Avigilon patent license program. The plan offers preferred license rates and terms to companies that enter into a patent license agreement with Avigilon prior to April 30, 2016.

Coverage, detail and complications as 4K cameras move forward

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01/15/2016

YARMOUTH, Maine—Security experts saw 4K camera technology coming their way a decade ago. They saw the market slide from consumers to security around 2013-2014. They know 4K will grow in the surveillance field, but the variables—in supporting technology development and opportunity cost—make the immediate future of 4K unknown and unpredictable.

'Poison pill' at Avigilon

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Wednesday, January 13, 2016

Video surveillance company Avigilon on Tuesday adopted a "shareholder rights" plan, an anti-takeover measure that's sometimes called a "poison pill." The plan has been accepted by the Toronto Stock Exchange, but it needs to be approved by shareholders within six months. Avigilon plans to present the plan at is 2016 annual meeting.

Avigilon said it "is not aware of any proposed take-over bid at this time."

We've seen some major video surveillance acquisitions recently with Axis and Milestone being acquired by Canon, and recently, FLIR buying DVTEL.

One can see how Avigilon may be attracting attention from a larger entity looking to get into physical security. Avigilon has well-regarded video and access control technology, including the former VideoIQ portfolio. It owns a lot of video analytics IP, and I hear it has very good relationships with integrators. Plus its stock is down considerably. Yesterday its stock closed at $12.90; Avigilon's 52-week range is $11.20 to $25.62.

It's also had a lot of movement internally with managers. Here's a blog I wrote about that.

Under Avigilon's proposed shareholder rights plan, one "right" will be issued for each Avigilon common share. The rights can only be exercised if an aquirer announces an intention to acquire shares that would take their holding to "at least 20 percent of Avigilon's outstanding share capital." The rights would allow shareholders, "other than the acquirer, to purchase additional shares at a substantial discount." A "permitted take-over bid" would not trigger the rights plan. 

 

Avigilon gets new headquarters

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12/17/2015

VANCOUVER, Canada—Avigilon has a new $42 million headquarters here, with nine stories and 135,000 square feet, the company announced.

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