M&A Deal Summary

Avigilon Acquires VideoIQ

On December 31, 2013, Avigilon acquired information technology company VideoIQ for 32M USD

Acquisition Highlights
  • This is Avigilon’s 1st transaction in the Information Technology sector.
  • This is Avigilon’s 2nd largest (disclosed) transaction.
  • This is Avigilon’s 2nd transaction in the United States.
  • This is Avigilon’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2013-12-31
Target VideoIQ
Sector Information Technology
Buyer(s) Avigilon
Deal Type Add-on Acquisition
Deal Value 32M USD
Advisor(s) Raymond James - Investment Banking (Financial)

Target

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.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Avigilon

Vancouve, British Columbia, Canada

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 2 of 7
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 6
Year: 2013 M&A 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-30 RedCloud

Reston, Virginia, United States

RedCloud Security, Inc. (RedCloud), is an innovative provider of web-based, physical and virtual access control systems.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 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.

Buy $80M