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

  • Cubic completes acquisition of Serco transport solutions
    November 27, 2013
    Serco’s transport solutions business will become a part of Cubic Transportation Systems following Cubic Corporation’s acquisition of the business for an enterprise value of US$70 million. Serco’s primarily a UK-based transport technology and services business and had revenues in the last calendar year of approximately $67 million.
    Read More
  • Powa Technologies’ pioneering PowaTag service goes global
    November 5, 2014
    Retail technology business Powa Technologies has signed up more than 950 retailers and brands worldwide to its PowaTag solution and is set to become a dominant mobile retail sales platform, says the company’s founder.
    Read More
  • The benefits of Lidar
    March 21, 2022

    While Lidar is gaining ground in the ITS industry, it has not yet reached the level of mass adoption where it shows up frequently in requests for proposals (RFPs) from cities and DoTs.

    Read More
  • Kapsch strengthens ITS portfolio
    January 17, 2014
    The acquisition of US advanced traffic management software and systems integration company Transdyn, well-known for its Dynac advanced traffic management software, enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe. The purchase price is US$16 million. Kapsch TrafficCom says it is now positioned to offer one a broad portfolio of intelligent transportation solutions to co
    Read More

Highlighted Content