Alarm.com Acquires Assets from Vintra, AI-based Video Analytics Company
Vintra’s core intellectual property, research scientists, software engineers, and technical services teams are included in the acquisition.
TYSONS, Va. – Alarm.com has announced the acquisition of substantially all assets of Vintra, a software provider of AI-powered video analytics for the enterprise commercial market. Alarm.com acquires Vintra’s core intellectual property, its research scientists, software engineers, and technical services teams as part of the acquisition. Financial details of the transaction were not disclosed.
Integrating Vintra’s software capabilities and its experienced science and engineering teams will expand Alarm.com’s deep learning program and accelerate deployment of advanced video analytics solutions for the Alarm.com and OpenEye platforms, states Alarm.com.
“The Vintra team adds to Alarm.com’s science and engineering expertise in the field of AI and machine learning, and we’re excited to welcome them on board,” says Jeff Bedell, Alarm.com’s president of ventures business and corporate strategy.
“The acquisition expands the specialization of Alarm.com’s AI team and will extend our leadership in this important domain,” he continues. “Our goal is to deploy market-defining video analytics solutions, scale them across the Alarm.com and OpenEye platforms, and open new areas of growth for our service provider and integrator partners.”
Launched in 2016, Vintra’s cloud platform transforms data from any video management system into actionable and trusted intelligence that can improve how organizations monitor and search for critical security events. Vintra’s AI models can track a range of objects and events, including a specific person, two or four-wheeled vehicles, bags, or a person-down situation. Its re-identification algorithm can track a person of interest across hundreds of cameras in real-time and can search large amounts of video recordings to find video clips of the person of interest within minutes, states the company.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!
Leave a Reply