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NICE Systems Is Selling Its Video Surveillance Business for $100M

NICE Systems is selling its video surveillance unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.


Latest in General Industry

Allied Protective Systems President Johnnie Fletcher sells his company to CSG after serving the Oklahoma market for more than 30 years. SSI Staff · January 14, 2015

The number of North American and European homes with a smart thermostat grew by 105% to 3.2 million in 2014, according to a new research report from Berg Insight. SSI Staff · January 12, 2015

Brite Energy plans to execute a phased, market by market launch strategy allowing the company to scale quickly. SSI Staff · January 09, 2015

The Video Insight sessions offers certification training on all of the company’s latest releases, core features and new third-party integrations of its video management software. SSI Staff · January 09, 2015

A new report by Parks Associates cites increased competition in the connected home in 2015 and provides insight into global trends for the Internet of Things and more. SSI Staff · January 07, 2015

Americans show the strongest concerns over personal information being collected and used in ways of which they are unaware. SSI Staff · January 07, 2015

When an alarm goes off, the security system would instruct smart lights to flash red and blue, which could frighten off an intruder. ADT, LIFX, AllSeen, Qualcomm among companies adopting this technology. SSI Staff · January 06, 2015

Samsung CEO BK Yoon sat down with USA TODAY at the big CES show in Las Vegas. He said the company will invest more than $100 million in the development community working on connected devices. SSI Staff · January 06, 2015

Here is a look at the most clicked news items on securitysales.com in 2014. SSI Staff · December 30, 2014

Video and big data, a.k.a. video intelligence, is beginning to help the commercial transportation industry protect companies from litigation. SSI Staff · December 30, 2014




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