Home Tags Terry Neely

Tag: Terry Neely

Suppliers

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

May 30, 2013Martha Entwistle

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.Alexander Fernandes, Avigilon CEO, told Security Systems News that the purchase is a “nice tuck-in” that is “low risk [but] very strategic.”Avigilon purchased the entire RedCloud business and expects it to be “neutral to 2013 earnings and...

Alexander Fernandes, Avigilon, high definition surveillance, RedCloud, Terry Neely

Read Full Articlered right arrow icon