M&A Deal Summary

Avigilon Acquires ObjectVideo - Patent Portfolio and the Patent Licensing

On December 18, 2014, Avigilon acquired information technology company ObjectVideo - Patent Portfolio and the Patent Licensing from ObjectVideo for 80M USD

Acquisition Highlights
  • This is Avigilon’s 2nd transaction in the Information Technology sector.
  • This is Avigilon’s largest (disclosed) transaction.
  • This is Avigilon’s 3rd transaction in the United States.
  • This is Avigilon’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2014-12-18
Target ObjectVideo - Patent Portfolio and the Patent Licensing
Sector Information Technology
Buyer(s) Avigilon
Sellers(s) ObjectVideo
Deal Type Divestiture
Deal Value 80M USD

Target

ObjectVideo - Patent Portfolio and the Patent Licensing

Reston, Virginia, United States
ObjectVideo, Inc. - Patent Portfolio and the Patent Licensing program provides companies with the opportunity to leverage the innovative features of industry-leading video analytics patents. Nineteen royalty-paying licensees have joined the program, including global corporations such as Sony Corporation, Panasonic System Networks Co., Ltd., Bosch Security Systems, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Pelco, Inc., FLIR Systems, Inc., and Sensormatic Electronics, LLC (Tyco), and more.

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Buyer(S) 1

Buyer

Avigilon

Vancouve, British Columbia, Canada

website


Category Company
Founded 2004
Sector Information Technology
Employees1,043
Revenue 354M CAD (2016)
DESCRIPTION

Avigilon Corp. is a designer, developer, and manufacturer of video analytics, network video management software and hardware, surveillance cameras, and access control solutions. Avigilon Corp was founded in 2004 and is based in Vancouve, British Columbia.


DEAL STATS #
Overall 3 of 7
Sector (Information Technology) 2 of 2
Type (Divestiture) 1 of 5
State (Virginia) 2 of 2
Country (United States) 3 of 6
Year (2014) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-31 VideoIQ

Billerica, Massachusetts, United States

VideoIQ has grown to become a leader in real-time intelligent video analytics solutions for security and business intelligence applications. VideoIQ has a developed portfolio of video analytics intellectual property, with 23 patents granted or pending, trade secrets and know-how.

Buy $32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-21 Behavioral Recognition Systems - Video Analytics Patents

Houston, Texas, United States

Behavioral Recognition Systems, Inc. - Video Analytics Patents is a provider of video analytics software.

Buy -

Seller(S) 1

SELLER

ObjectVideo

Reston, Virginia, United States

website


Category Company
Founded 1998
Sector Software
DESCRIPTION

ObjectVideo, Inc. is a developer of intelligent video surveillance software for physical security applications.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1