Security Systems News

FEB 2019

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

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S e C ur IT y S y ST e MS N e WS february 2019 www.securitysystemsnews.com suppliers 19 Together we can Educate Inspire Heal Nourish Children and families in crisis across the USA need our help – and yours. And as a 501(c)(3) organization, Mission 500 now has even greater flexibility to work with local charities to better support existing and new sponsors and volunteers. But even with many acts of charity performed to date, there's still a great deal of work to be done. Get involved today! Visit mission500.org for more information. Supporting Families Across America Qognify completes buy of OnSSI By SSN Staff PEARL RIVER, N.Y.—Qognify, a technology solution provider for physical security and enterprise incident management based here, announced that it has completed the acquisition of the IP video management software (VMS) company On-Net Surveillance Systems (OnSSI), including IP video technology company SeeTec GmbH. Backed by the global invest- ment firm Battery Ventures, Qognify announced the agree- ment on Dec. 22, 2018 and the deal closed on Dec. 28, 2018. With Qognify, OnSSI and SeeTec operating under one umbrella, the company said it is now "one of the largest VMS, Video Analytics, PSIM and Critical Incident Management companies in the world," serv- ing mid-market and enterprise organizations. "Following the swift closing of the deal, we look forward to focusing on 2019, supporting all Qognify, OnSSI and SeeTec partners and customers, whilst substantially expanding our geo- graphic reach and market pen- etration," Steve Shine, CEO and president of Qognify said after the closing of the deal. "Today, through our combined portfolio of award-winning and market- leading technologies, infrastruc- ture and expertise, we expand our global presence, creating an entity capable of meeting the exacting requirements of mid-market and enterprise organizations any- where in the world." Also located in Pearl River, New York, OnSSI was founded in 2002 with the goal of developing comprehensive and intelligent IP video management software (VMS). Today, the company has an established presence in more than 100 countries, where its Ocularis and Cayuga VMS solu- tions are relied upon by edu- cation, gaming, government, healthcare, manufacturing, retail, public safety, transportation and utilities organizations. "This coming together of two of the security sector's most innovative companies, unleashes unrivalled opportunities for col- laboration and brings to market a proposition that meets all security and operational management requirements, from powerful VMS to full scale intelligent situational awareness," Gadi Piran, co-founder, president and CTO of OnSSI said in a prepared statement. "Our collective market reach is truly global, with a strong presence in Europe, the US and Asia that will continue to grow." SeeTec GmbH is a pioneer of IP video technology and today a leading provider of VMS soft- ware in Europe. The Germany- based company was acquired by OnSSI in 2015 and boasts 100 employees, working out of offices across mainland Europe, Dubai, Scandinavia and the UK. "OnSSI and SeeTec solutions have a deservedly excellent repu- ers and partners for the combined business. This is a very exciting agreement for all of us." Jesse Feldman, general part- ner at Battery Ventures, which acquired Qognify from NICE Systems in 2015, added, "Qognify has rapidly established itself as a trusted and progressive brand in the physical security sector. The acquisition of the OnSSI Group —a high-profile brand in the security market in its own right—is a major achievement in its history, but most importantly lays down a marker regarding its intent to grow faster and bigger." SSN tation throughout the security sector," Shine said. "This is the perfect time to bring together our collective pool of physical security talent and technologies, to increase the range of target markets we are able to serve. The partnership also greatly increases the number of custom-

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