Avigilon Acquires VideoIQ for $32,000,000

  • Feed Type
  • Date
    12/31/2013
  • Company Name
    VideoIQ
  • Mailing Address
    213 Burlington Road Bedford, MA 01730
  • Company Description
    VideoIQ acts as digital guard that transforms video surveillance into a dynamic, real-time, intelligent system for guarding against intruders, and gaining early warning of security breaches. It delivers the industry’s best detection accuracy and far fewer false alarms than conventional systems, requiring human response only when a real event takes place.
  • Website
    http://www.videoiq.net
  • Transaction Type
    M&A
  • Transaction Amount
    $32,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will be paid for with all cash.