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.
CITY OF INDUSTRY, Calif.—Hikvision has established Hikvision Canada to focus on the video surveillance market in Canada. It plans to add additional regional managers, field engineers and a bilingual French-English technical support staff based in Montreal.
LAS VEGAS—As “connected home” has become a household phrase, industry stalwart Honeywell Security is taking its message to the masses, introducing its Lyric security system at CES, the giant consumer electronics show taking place here this week.
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.”