Siemens Building Technologies Inc. (SBT) announces the signing of an agreement for the acquisition of VistaScape Security Systems Corp. of Atlanta.
“VistaScape provides a platform to deliver integrated surveillance applications that enhance the value and effectiveness of the entire security infrastructure. This is a core enabling technology for security integrators globally,” says Jens Michael Wegmann, global head and president of the security systems division for SBT. “VistaScape and its solutions providers have done a phenomenal job delivering this technology in the United States and Siemens is committed to helping grow this business – globally and in North America.”
VistaScape is a developer of automated video analytics technology designed to defend mission-critical infrastructure from a variety of threats. The firm has protected major airports throughout the United States as well as government facilities and high-risk commercial sites.
“With Siemens, VistaScape’s potential to secure and protect critical infrastructure will expand exponentially,” says Glenn McGonnigle, chairman and CEO of VistaScape. “At all levels it is a strategic and technological win for both companies. It’s a smart match. Siemens gains access to VistaScape’s proven security intelligence platform and we secure access to unmatched R&D resources and global security systems integration experience that few companies can match.”
