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Tag: bought deal offering

On The Editor's Desk

Is Avigilon in a buying mood again?

March 18, 2014Martha Entwistle

Avigilon will soon have more cash for purchases. The HD surveillance provider on March 17 increased a previously announced financing to $100 million (Canadian). The official statement said that the “company intends to use the net proceeds from the offering for general corporate purposes and for potential strategic acquisitions.” I have a call in to Avigilon to see if they'll comment on why they're increasing the financing. The offering is expected to close just after ISC West this year...

$100 million financing, an HD surveillance, Avigilon, bought deal offering, Security Systems News

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