Hikvision has acquired UK security system supplier Pyronix in what is being called a “huge opportunity” for Pyronix.
Pyronix manufactures intrusion detection products for residential and commercial applications and employs 200 people at its four sites, according to UK Business News.
“The foreign direct investment that this will bring to the UK will be huge,” said Julie Kenny CBE DL, founder of Pyronix. “Hikvision has big plans for growth of Pyronix and the continued development globally. In the last 15 years, Hikvision has demonstrated what can be achieved in the video surveillance market. With this guidance, Pyronix can achieve great things in the global market place.”
“Hikvision and Pyronix combined know-how will bring new advancements and innovative products to the market,” said Pyronix CEO Sebastian Herrera, “converging two security technologies in video surveillance and intrusion detection.”
