Resideo acquires video solutions company Teknique Acquisition to strengthen Resideo video solutions and artificial intelligence innovation
By SSN Staff
Updated 3:46 PM CST, Mon February 27, 2023
SCOTTSDALE, Ariz.—Resideo Technologies, Inc. announced that it has completed the acquisition of Teknique, a provider of edge-based, artificial-intelligence-enabled video camera development and solutions. Terms were not disclosed.
Founded in 2004 and based in Auckland, New Zealand, Teknique’s platform enables computer vision solutions and edge artificial intelligence for leading global brands and Fortune 500 companies across a range of industries.
"Resideo is focused on creating products that turn data into innovative solutions and the Oclea by Teknique platform will help lead Resideo into new applications with next-generation video and sensor technology," said Scott Ziffra, senior vice president, engineering & product management at Resideo. "With the acquisition, Resideo looks to advance our security video strategy, expand our video product portfolio and accelerate our focus on providing actionable intelligence for our customers.”
Resideo is a global manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions to over 150 million homes globally.
Through its ADI Global Distribution business, Resideo is also a wholesale distributor of low-voltage security and life safety products for commercial and residential markets and serve a variety of adjacent product categories including audio visual, data com, wire and cable, and smart home solutions.
For more information about Resideo, please visit www.resideo.com.
Teknique specializes in working with clients to overcome integration challenges to realize the potential of video and intelligent analytics for an array of consumer and commercial products. A complete end-to-end company, Teknique uses deep manufacturing know-how to go from ideation to finished product, with post-deployment ongoing support options available.
More info can be found at www.teknique.com.
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