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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 Video Analytics

LILIN becomes the latest licensee to join ObjectVideo's video analytics program. ObjectVideo holds 59 U.S. and international patents in the field of video analytics and has more than 40 U.S. and international patents pending. SSI Staff · October 06, 2014

The product makes sense of the increases in viable data being made available through sensors, cameras, time/attendance systems, access control devices, ATMs, EAS, LPR, POS and other analytic tools. VIGIL Trends is designed to distill all that data into relevant, actionable information that can be acted upon, thereby saving time/money and reducing loss and ineffective operations. Scott Goldfine · October 02, 2014

The ioimage HD CF-5222 (2.1-mepgapixel HD 1080p) and CF-5212 (1.3-megapixel HD 720p) are DVTEL’s first HD cameras that include state-of-the-art ioimage analytics. The ioimage HD camera’s integrated Web interface offers intuitive deployment of the camera and analytic behavior, which the manufacturer says reduces installation time and manpower requirements. Scott Goldfine · September 30, 2014

NICE Suspect Search is a patent-pending video analytics technology that can quickly locate and retrace the movements of a suspect, lost child, or other person of interest within a video surveillance network. Video footage from different cameras and time frames can be reviewed in just minutes, as the system automatically filters out 95% of irrelevant images. Scott Goldfine · September 23, 2014

Los Angeles police and law enforcement agencies throughout Southern California are expanding their use of surveillance technology, according to a news report. SSI Staff · March 19, 2014

Hikvision, a provider of video surveillance products and solutions, announces it has signed a worldwide patent license agreement with video analytics provider ObjectVideo. SSI Staff · March 03, 2014

Avigilon Corp., a provider of high-definition (HD) surveillance solutions, announces it has signed a definitive agreement to acquire the video analytics company VideoIQ Inc. for $32 million. The transaction is expected to close in early January. December 30, 2013

Analysts have forecast intelligent devices in perimeter security to top $200 million in 2013 as video surveillance and analytics are becoming an integral part of electronic perimeter security solutions. November 13, 2013

Advancements in video analytics and systems integration are helping end users achieve newfound applications for their security systems, yielding a greater ROI for the entire organization. Find out how data gathered from security technologies is providing operational improvements across a spectrum of industries. September 05, 2013

The market for fault detection based on Big-Data building analytics will expand at a compound annual growth rate (CAGR) of more than 40% during the next five years, according to research firm IHS. July 23, 2013




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