Divestiture • Software

Nipun Vision Acquires IntelliVision

On November 5, 2024, Nipun Vision acquired software company IntelliVision from Nortek Control

Acquisition Context
  • This is Nipun Vision’s 1st transaction in the Software sector.
  • This is Nipun Vision’s 1st transaction in the United States.
  • This is Nipun Vision’s 1st transaction in California.

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M&A Deal Summary

Date November 5, 2024
Target IntelliVision
Sector Software
Buyer(s) Nipun Vision
Sellers(s) Nortek Control
Deal Type Divestiture

Target Company

IntelliVision

San Jose, California, United States
IntelliVision is a provider of video analytics software for smart cameras, providing video analytics solutions for several markets including Smart Home/IoT, Smart Security, Smart Retail, Smart City, and Smart Auto/ADAS. IntelliVision was founded in 2003 and is based in San Jose, California.
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Buyer Overview 1

Buyer

Nipun Vision

San Jose, California, United States

Category Company
Sector Software
DESCRIPTION

Nipun Vision specializes in services, primarily in imaging and vision-based applications, targeting industries that benefit from high-precision visual data processing. Nipun Vision is based in San Jose, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

Nortek Control

Carlsbad, California, United States

Category Company
Founded 1961
Sector Electronics
DESCRIPTION

Nortek Control is a developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets. Nortek Control was founded in 1961 and is based in Carlsbad, California.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-09 IntelliVision

San Jose, California, United States

IntelliVision is a provider of video analytics software for smart cameras, providing video analytics solutions for several markets including Smart Home/IoT, Smart Security, Smart Retail, Smart City, and Smart Auto/ADAS. IntelliVision was founded in 2003 and is based in San Jose, California.

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