“What we think is happening now is that a commoditization of hardware, particularly IP and megapixel camera, is underway. and international patent applications.Īccording to Alexander Fernandes, Avigilon’s founder, president, CEO and chairman of the board, the main impetus behind the company’s decision to acquire this vast portfolio of intellectual property stems from their belief that the future of the surveillance industry lies in video analytics. With these recent acquisitions combined with their purchase of VideoIQ in late 2013, Avigilon now holds 213 U.S. ![]() This follows the company’s purchase of the entire patent portfolio and patent licensing program of ObjectVideo in late December for more than $80 million. (BRS Labs), FaceDouble Incorporated, ITS7 Pty Ltd., and VideoMining Corporation - for just over $13 million. ![]() ![]() Last month, video surveillance solutions manufacturer Avigilon acquired video analytic patents from four different companies - Behavioral Recognition Systems, Inc.
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