Manufacturing M&A » By The Online Investor Staff, updated Fri., Apr. 19, 1:42 AM
Recent mergers and acquisitions in the Manufacturing M&A category.
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Slide #99. Avigilon Corporation — RedCloud Security, Inc.
Acquirer:
Avigilon Corporation (AVO.CA)
Acquiree:
RedCloud Security, Inc.
Details:
Avigilon Corporation (TSX:AVO), a leader in high-definition (HD) and megapixel surveillance solutions, today announced that it has acquired privately-held RedCloud Security, Inc. (RedCloud), an innovative provider of web-based, physical and virtual access control systems. Through the acquisition, Avigilon adds a complementary product line to its end-to-end high-definition surveillance solution and provides the Company with access to a growing segment of the global security market.
Avigilon is engaged in the design, manufacturing and marketing of high-definition and megapixel network-based video surveillance systems and equipment for the global security market. The components of Co.'s system include: Co.'s Control Center video management software with High-Definition Stream Management™ technology, which is available in Core, Standard and Enterprise versions to suit all levels of applications; the industry's range of high-definition internet protocol cameras, with resolutions ranging from 1MP to 29MP; recording hardware; and system accessories, such as lenses, camera enclosures and joystick/keyboard controllers.
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