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Alexander Fernandes

Avigilon to be acquired by Motorola Solutions

Avigilon CEO to retire following the deal
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02/14/2018

CHICAGO and VANCOUVER, British Columbia—In early February, Motorola Solutions announced its definitive agreement to acquire video surveillance and access control manufacturer Avigilon. Avigilon later announced that its CEO and chairman of the board, Alexander Fernandes, is retiring following the deal.

Avigilon gets new headquarters

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12/17/2015

VANCOUVER, Canada—Avigilon has a new $42 million headquarters here, with nine stories and 135,000 square feet, the company announced.

Saptharishi to lead Avigilon’s Center of Excellence initiative

Avigilon announces normal course issuer bid
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05/14/2015

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

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’
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01/21/2015

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
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12/19/2014

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.”

Avigilon gets patent for HDSM tech

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10/10/2014

VANCOUVER—Avigilon on Oct. 1 announced that its High Definition Stream Management (HDSM) technology has been awarded a patent by the United States Patent and Trademark Office.

Avigilon to buy VideoIQ for $32 million on New Year’s Eve

Fernandes: Purchase brings opportunity to increase sales of VideoIQ and Avigilon
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12/31/2013

VANCOUVER, Canada—HD surveillance provider Avigilon announced Dec. 31 that it will pay $32 million to acquire VideoIQ, a Billerica, Mass.-based video analytics company.

What will Avigilon do with $69 million?

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Tuesday, November 26, 2013

Avigilon now has $69 million (Canadian) at its disposal for “general purposes and strategic acquisitions.”

Avigilon gets into access control, buys RedCloud for $17 million

Avigilon CEO calls deal ‘very strategic’
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05/30/2013

VANCOUVER—In a $17 million cash purchase, high-definition surveillance provider Avigilon Corp. on May 30 announced it acquired privately held RedCloud Security, a provider of Web-based physical and virtual access control systems.

Avigilon locates ‘global sales HQ in U.S.’

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Wednesday, March 13, 2013

Vancouver-based Avigilon, manufacturer of megapixel cameras and other video surveillance products, is opening a U.S. headquarters in Dallas, the company announced this morning.

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