Former CEO of GE Security Joins VideoIQ Board of Directors
BEDFORD, Mass.
Ken Boyda, former president and CEO of GE Security, has joined the board of directors of VideoIQ Inc. The video analytics provider in May announced a spinout of its business from GE Security and the formation of an independent company.
Boyda, a 2006 inductee to Security Sales & Integration‘s Hall of Fame, is a security industry veteran with 20 years of experience.
GE Security was formed through General Electric’s acquisition of Interlogix Inc. Boyda served as president, CEO and director of Interlogix until the company was acquired in 2002. Prior to Interlogix, Boyda was president and CEO of predecessor security companies SLC Technologies and Sentrol. Boyda was succeeded by Louis Parker in 2005.
When asked by SSI how VideoIQ’s operations will differ now that it has spun off from GE, Boyda says the company will no longer be a component of a very broad system offering, but a foundation for multivendor surveillance systems.
“Plus, as a smaller, entrepreneurial company, [VideoIQ] can have a directed effort that will enable the team to focus entirely on fulfilling specific, differentiated customer and partner requirements,” he says.
Why was GE willing to part with VideoIQ?
“I believe GE Security recognizes there are times when emerging technologies are better positioned in a venture-backed structure, allowing for focused investment and priorities,” Boyda says.
For VideoIQ to become a technology leader, it must be first to market with innovations that make them a reliable supply/technology partner for global companies like GE Security by providing a critical part of the overall intelligent video system, Boyda explains.
The core team from GE Security has all joined VideoIQ along with external executives to fill out the management team. The company will grow to add additional capacity and areas of expertise.
Boyda’s prolific industry knowledge and executive management is expected to play a key role in helping VideoIQ build on its position in the marketplace.
“I am a strong believer in the opportunity, team and technology, and am very eager to lend experience and insight to help it succeed,” Boyda says.
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!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + 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 to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
