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

  • Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    February 24, 2014
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set
    Read More
  • Vision Components offers ‘smart upgrade’ for IP cameras
    December 12, 2016
    Image processing specialist Vision Components is offering road authorities a way to make existing IP cameras ‘smart’. The company’s Q-Board carries an ANPR library and character recognition software and can be retrofitted into existing IP camera to provide additional services while retaining the original video streaming function.
    Read More
  • IP video storage systems
    July 30, 2012
    Vicon Industries is replacing its line of RAID storage devices with iSCSI SAN-RAID models that make use of newer networking and storage technology. Like traditional RAID devices, the new models feature multiple, hot-swappable hard drives which provide secure storage of large quantities of recorded digital video. However, the new models are designed for use in a 'Storage Area Network', meaning that they no longer need to be physically connected to a DVR or NVR. Instead, the SAN-RAID units exist as part of a
    Read More
  • Zurich insurance and TomTom partner on fleet telematics
    October 9, 2012
    Zurich Germany is to partner with TomTom fleet management to provide the telematics capability behind the company’s newly launched product Zurich Fleet Intelligence (ZFI). Launched in Germany, the integrated service is aimed at corporate fleets and combines vehicle telematics, reporting, driver development tools and risk engineering support. TomTom technology will be integral to the proposition, helping businesses to actively improve driver safety, reduce operational costs and minimise environmental impact
    Read More

Highlighted Content