CHELMSFORD, Mass.—In what Axis’ Fredrik Nilsson called a “major innovation that will fuel the growth of the [network video] market” Axis Communications launched Zipstream, a new compression technology, that it says consumes half of the storage and bandwidth of H.264.
WIESBADEN, Germany—Though Vanderbilt’s acquisition of Siemens Security Products will not close for another month, Vanderbilt CEO Joe Grillo says plans for more acquisitions and more collaboration between U.S. and overseas R&D groups are well underway.
NEW YORK—BrickHouse Security, a supplier of alarm systems and GPS-tracking based here, on March 4 acquired Securus’ GPS business, shortly after the sale of Securus’ PERS business to Freeus. Terms of the deal were not released.
LOWELL, Mass.—Jumbi Edulbehram said he didn't join 360-degree camera provider Oncam Grandeye just to sell cameras. "I've done enough of that," he said. He's interested in expanding Oncam Grandeye into video intelligence and cloud service.