Honeywell buys analytics maker ActivEye
By SSN Staff
Updated Thu March 1, 2007
LOUISVILLE, Ky.--Security giant Honeywell announced Feb. 28 the acquisition of ActiveEye, a manufacturer of video analytics based in Westchester County, N.Y. Terms of the deal were not released.
In a release, John Lorenty, president of the Honeywell Systems Group, said Honeywell was responding to "intense interest" in the video analytics arena, and "We look forward to working with ActivEye's existing customers and introducing the software to many new customers by integrating it with current Honeywell products, and an array of new digital solutions and products to come."
ActivEye offers Active Alert, which uses video content analysis software and forensic tools to provide real-time alarms; ActivEye Smart Impressions, which analyzes individual customer and vehicle activity; and ActivEye Forensics, which enables the rapid review and filtering of pre-recorded video up to 50 indexed parameters.
"Being part of Honeywell is very exciting," Carolyn Ramsey, CEO of ActivEye, said in a statement.
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