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Magal S3 acquires global software company Aimetis Corp.

Move diversifies and expands its product portfolio

YEHUD, Israel—Magal Security Systems, Ltd., located here, announced that Senstar, its fully owned subsidiary based in Canada, acquired Aimetis for an enterprise value of approximately $14 million.

ObjectVideo, Aimetis enter licensing agreement


RESTON, Va.—ObjectVideo, a provider of intelligent video software, has signed a global, portfolio-wide patent license agreement with Aimetis, a video management systems provider based in Waterloo, Ontario according to a company statement.