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Avigilon ups credit facility to $240 million


VANCOUVER, Avigilon on Nov.16 announced that it has increased its existing multi-tranche senior secured syndicated credit facility from $200 million to $240 million.

Management reorg at Avigilon

Wednesday, September 2, 2015

Avigilon, a video surveillance and end-to-end security solution provider, today announced two resignations and a management reorganization.

Bryan Schmode has resigned from his role as COO, and Collis Heath, SVP of Global Operations, has also left the company.

There have been a number of changes in Avigilon’s management ranks over the past few months. In August, Pedro Simoes, SVP of global sales, resigned and was replaced by James Hendershot. In May, Danny Cam, VP of Engineering left and was replaced by CTO and SVP Mahesh Saptharishi.

There have been several management changes in the past few years as well. The company announced today plans to streamline its senior management reporting structure “to increase operational efficiency.”

Avigilon's seven major departments—product development, sales, marketing, operations, finance, legal, and human resources—will now report directly to Alexander Fernandes, Avigilon's founder, president, CEO, and Chairman of the Board.

“This refreshed structure brings Mr. Fernandes closer to Avigilon's day-to-day operations while empowering department leaders with greater authority,” the company said in the announcement.

Avigilon has been one of the fastest growing security companies. Its stock, which trades on the Toronto Exchange, closed at $12.37 on Sept. 2. Its 52-week high is $25.62. Its low is $12.34.

Leong new CFO of Avigilon


VANCOUVER, British Columbia—Ric Leong has been named CFO of video surveillance provider Avigilon Corporation. He replaces Wan Jung, who will continue to serve on the company’s board of directors.

Avigilon adds new recorder


VANCOUVER—Avigilon Corporation, a provider of end-to-end security solutions, on June 11 announced the addition of the Avigilon Control Center (ACC) Edge Solution (ES) High Definition (HD) Recorder to its portfolio.

Saptharishi to lead Avigilon’s Center of Excellence initiative

Avigilon announces normal course issuer bid

VANCOUVER—Avigilon CTO and SVP Mahesh Saptharishi will lead the video and security solution provider’s Centers of Excellence initiative, Avigilon announced May 11.

Is 4K so 2014? Avigilon turns it up to 7K

Monday, April 6, 2015

Some pre-ISC West announcements today were led by news today from Avigilon that it will be showing a single-sensor 7K (30 megapixel) security camera in Las Vegas next week.

Last year every camera manufacturer and his brother unveiled, or announced intent to release, a 4K camera. Avigilon today announced that it will demo a 7K and release a 6K (24 megapixel) HD camera at this year's ISC West show. That's "horizontal resolution exceeding 7,000 pixels and more than 30 million total pixels." Avigilon already has 4K (8 megapixel) and 5K (16 megapixel) cameras.

Known for its mega-megapixel cameras, Avigilon has grown through a number of acquisitons beyond its HD surveillance roots to become an end-to-end provider of: HD network VMS, megapixel cameras, access control and video analytics. 

I have a request into Avigilon for an interview. I'm interested to find out when and where a 7K security camera might be useful, when Avigilon plans to actually release the 7K and how the price compares to other high-megapixel count cameras.   

The company said that the 7K camera uses power, bandwidth and storage efficiently when paired with its Avigilon Control Center software (which uses Avigilon's high definition stream managment technology.)

Avigilon will be at Booth # 22043 at the ISC West.

I-View Now enters new agreement

Company also releases new wave of integrations

HENDERSON, Nev.—I-View Now, a provider of video verification services based here, announced a number of new integrations including one with ipDatatel.

I-View Now announces new integrations

Wednesday, February 4, 2015

I-View Now, a provider of video verification services based in Henderson, Nev., announced a new selection of coming integrations, as well as a new agreement to integrate ipDatatel devices. This wave of integrations includes Milestone, Digital Barriers and Avigilon. Additionally, the company announced the first integration to come from a recent agreement with FLIR Systems.

Among the annnounced integrations was Milestone’s video management software, XProtect Corporate and XProtect Enterprise, which will be available on Feb. 6.

Also on this date will be released the integration with SafeZone-edge, analytics provided by Digital Barriers, which is currently available on compatible AXIS cameras and encoders, I-View Now mentioned.

An integration with Avigilon’s Rialto A4 encoder was also announced. “I-View Now is excited to add this proven analytic device to our list of integrations,” the company said in a prepared statement.

The company also entered an agreement to integrate various devices from ipDatatel, including the company’s line of Home Area Network products. These integrations will become available in Q1 in 2015.

The first FLIR integration, with FLIR DNR500 Series NVRs, is also scheduled to be available Feb. 6.

“FLIR looks forward to achieving additional integrations of our recorder systems with I-View Now," said John Distelzweig, VP & GM of FLIR Security, in a prepared statement.

Avigilon buys BRS patents, others for $13m

One month after spending $80 on ObjectVideo’s patents, Avigilon ‘tries to lock in IP in a whole range of analytical algorithms’

VANCOUVER, British Columbia—Avigilon today announced it spent $13.3 million acquiring video analytics patents that extend into behavioral recognition, video segmentation and meta-data and more. This deal comes one month after the video surveillance provider spent $80 million to acquire patents from ObjectVideo.

Avigilon buys ObjectVideo’s patents, licensing program for $80.3m

Fernandes: Video analytics can’t be separated from video surveillance, says end-to-end system is way to go

VANCOUVER, British Columbia—The future of the video surveillance industry “is about business intelligence and video analytics,” according to Avigilon CEO Alexander Fernandes, and Avigilon’s purchase of a division of ObjectVideo equips it for that future with what he calls the “strongest portfolio of intellectual property related to video analytics … the designers, technical knowhow, trade secrets and now the patents.”