Vicon and IQinVision merger finalised

Video security and surveillance systems Vicon Industries has completed the previously announced merger with IQinVision, a designer and producer of high performance HD/megapixel IP cameras. The merger creates a global market leader of integrated solutions to the video security market.
September 4, 2014 Read time: 1 min

Video security and surveillance systems 547 Vicon Industries has completed the previously announced merger with IQinVision, a designer and producer of high performance HD/megapixel IP cameras. The merger creates a global market leader of integrated solutions to the video security market.

Vicon chairman and CEO Ken Darby said of the merger, “We are delighted to join forces with IQinVision. The combination of highly regarded brands within the security industry allows us to bring a compelling and complete video solution to our customers.”

The merger is consistent with Vicon’s strategy of providing high quality, proprietary solutions. The vision is to leverage combined operations along with technological synergies. Both Vicon and IQinVision’s product offerings will retain their existing branding, and both companies will continue to sell into and service their existing channels and customers.

“The combination of Vicon and IQinVision will provide our customers with a broader range of IP video solutions that include high-megapixel cameras. The future of the combined company is very exciting” said Bret McGowan, Vicon senior vice-president Sales & Marketing.

Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • Q-Free acquires Open Roads Consulting
    July 17, 2014
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
    Read More
  • Smith Electric Vehicles attracts Chinese investment
    March 13, 2012
    Smith Electric Vehicles Corporation, a specialist in all-electric commercial vehicles, has signed a letter of intent with Wanxiang Group, an automotive parts manufacturing and supplier.
    Read More
  • ISS partners with CA Traffic on new LPR camera
    February 17, 2014
    US-based Image Sensing Systems (ISS) has released its new intelligent licence plate recognition (LPR) camera, the Autoscope Ex-120 series. Developed in partnership with UK company CA Traffic and using their high performance camera technology, the Ex-120 will further enhance the ISS LPR offering and will provide a more complete solution for its customers. The Autoscope Ex-120 series is a fully integrated high-definition camera above-ground LPR camera powered by ISS’ field-proven license plate recognitio
    Read More
  • Teledyne to acquire Flir for $8bn
    January 6, 2021
    The two companies' various camera and sensor products have 'minimal overlap', they insist
    Read More

Highlighted Content