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Extremely Serious About CCTV

Bosch Security Systems’ agile and strategic ascent in the video surveillance market recently took a bold step forward ...

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Bosch Security Systems’ agile and strategic ascent in the video surveillance market recently took a bold step forward in acquiring Extreme CCTV. Bosch, one of the global pillars of the electronic security industry, spent $92 million for the innovative Extreme, best known for active infrared illuminators, video products and license plate capture technology. The deal, finalized in February, paves the way for new technologies that could alter the video security landscape.

“By acquiring Extreme CCTV, we are extending Bosch’s leading position in the fast-growing video surveillance market,” says Jeremy Hockham, president of sales, Americas, for Bosch Security Systems. “Adding Extreme’s innovative technologies and products to our CCTV business allows us to provide a full video solution package for many applications and to enter into attractive new markets.”

Founded 10 years ago, Extreme CCTV reported record revenues of $42.6 million and net income of $2.5 million — increases of 57.5 percent and 36.5 percent, respectively, over its fiscal year ended Sept. 30, 2007. The company staffs 130 people in Burnaby (Vancouver), British Columbia, Canada; Newcastle and Church Crookham, United Kingdom; and Barbados. Subsidiaries include Forward Vision and Derwent Systems.

Bosch Security Systems is a division of the Germany-based Bosch Group, a worldwide supplier of technology and services whose history traces back to 1886. In America, the company was primarily known for its prominence in automotive products and tools before 2001 when it created a security business built on the acquisitions of Detection Systems and Radionics.

Today, Bosch Security manufactures video surveillance, access control, intrusion, evacuation and fire/life-safety systems for a range of industries and applications. In 2007, Bosch’s security division reported sales of $2 billion.

To provide an inside look at the operations, opportunities and future of Bosch Security Systems and Extreme CCTV, SECURITY SALES & INTEGRATION conducted exclusive interviews with Hockham and Willem Ryan, Extreme CCTV’s product marketing manager. Hockham spent time with Honeywell before joining Bosch in 2005, while Ryan previously served as Extreme’s strategic business development manager. Together, they explain what brought the two companies together, what to expect moving forward and what it all means for installing security contractors.

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Article Topics
Video Surveillance · Bosch Security Systems · CCTV · Extreme CCTV · Features · RMR · Video Surveillance · All Topics

About the Author
Scott Goldfine
Scott joined SECURITY SALES & INTEGRATION in October 1998 and has distinguished himself by producing award-winning, exemplary work. His editorial achievements have included blockbuster articles featuring major industry executives, such as Tyco Electronic Products Group Managing Director Gerry Head; Protection One President/CEO Richard Ginsburg; former Brink’s Home Security President/CEO Peter Michel; GE Interlogix President/CEO Ken Boyda; Bosch Security Systems President/CEO Peter Ribinski; and former SecurityLink President/CEO Jim Covert. Scott, who is an NTS Certified alarm technician, has become a respected and in-demand speaker at security industry events, including presentations at the Central Station Alarm Association (CSAA) Annual Meeting; California Alarm Association (CAA) Summer and Winter Conferences; PSA Security Network Conference; International Security Conference and Exhibition (ISC); and Security Industry Association (SIA) Forum. Scott often acts as an ambassador to mainstream media and is a participant in several industry associations. His previous experience as a cable-TV technician/installer and running his own audio company -- along with a lifelong fascination with electronics and computers -- prepared Scott well for his current position. Since graduating in 1986 with honors from California State University, Northridge with a degree in Radio-Television- Film, his professional endeavors have encompassed magazines, radio, TV, film, records, teletext, books, the Internet and more. In 2005, Scott captured the prestigious Western Publisher Maggie Award for Best Interview/Profile Trade for "9/11 Hero Tells Tale of Loses, Lessons," his October 2004 interview with former FDNY Commander Richard Picciotto, the last man to escape the Ground Zero destruction alive.
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Bosch Security Systems, CCTV, Extreme CCTV, Features, RMR, Video Surveillance