Nashville-based tech company Smartvue has announced it will provide global entity Dahua with cloud video surveillance software embedded on selected network video surveillance cameras.
Financial terms of the deal (read more here) were not disclosed in a release.
Headquartered in Hangzhou, China, Dahua, recorded $882 million in revenue in 2013. The company owns more than 440 patents and has about 2,000 engineers in its R&D divisioni. With about 5,000 employees, the company boasts the world's second-largest market share in the video security and surveillance industry, according to a 2014 IMS report.
The deal will see Dahua customers have access to plug-and-play surveillance installations with video storage in the cloud, the release notes.
"Smartvue is uniquely qualified to deliver cloud video solutions and integrated IoTV embedded software to our partners such as Dahua," Martin Renkis, Smartvue founder and CEO, said in the release. "It is our privilege to work with Dahua as one of the global leaders in the video surveillance industry."
The announcement follows the recent announcement that Smartvue, which offers cloud-based device and video management software and services, has aligned with Microsoft to unveil Homevue, a cloud video surveillance solution designed for Microsoft's Xbox. (Read more here.)
Nashville-based Smartvue Corp. announced today that it will provide international player Hikvision Digital Technology Co. with a cloud-based video surveillance service and camera-to-cloud solution.
Financial terms of the deal were not disclosed in a release.
Hangzhou, China-based Hikvision, which bills itself as the world's largest supplier of surveillance equipment, will offer Smartvue's cloud video surveillance to the U.S. market. Hikvision is listed on the Shenzhen Stock Exchange and has a market capitalization of $5.6 billion in U.S. dollars.
Today’s announcement follows a recent announcement that Smartvue has secured a contract to supply some of its products to WD, a unit of tech giant Western Digital (read here) and that it is working with Microsoft (read here).
"Surveillance is the fastest growing sector of the security industry," Martin Renkis (pictured), Smartvue founder and CEO, said in the release. "In particular, there is tremendous demand for a surveillance platform that can be centrally managed from one to thousands of locations. Smartvue is uniquely qualified to deliver this solution with over a decade of experience and its robust Video Platform as a Service."
Albert Lin, Hikvision director of global partners, said the Chinese company “strategically decided to work with Smartvue to strengthen our technology leadership position in the world marketplace."
Nashville-based Smartvue Corp. has announced the unveiling of Homevue, a cloud video surveillance solution designed for Microsoft's Xbox.
Financial terms of the deal involving the two companies were not disclosed in a release.
According to the release (read here), Homevue cameras deliver HD video to the cloud and can be viewed directly from the Xbox or remotely from any computer, smartphone, or tablet at no monthly cost. Customers will also be able to receive automated texts and emails with images when motion is detected and have the option to record up to one month of video on the secure and integrated Homevue cloud.
"Our mission is to make the world a safer place with amazing surveillance technologies that help people stay connected to what they love," Martin Renkis, Smartvue founder and CEO, said in the release. "Xbox is a very robust platform that offers a perfect gateway into the intelligent home for our cloud camera solutions."
The announcement follows a similar announcement last week that Smartvue has aligned with Western Digital (read more here).
Local surveillance technology company Smartvue has secured a contract to supply some of its products to WD, a unit of tech giant Western Digital. Smartvue's applications will let WD's customers gain access to video surveillance systems the same way they handle their other digital data.
Nashville-based video security and surveillance company Smartvue Corp. announced today it will partner with Brivo Systems LLC of Bethesda, Maryland.
Financial terms of the deal were not disclosed in a release.
With the deal, Brivo Systems and Smartvue will offer cloud-based and local video storage and management via web browsers, smartphones and tablets to small, medium and enterprise markets through the Smartvue Network Video Recorder.
"Smartvue and Brivo share a commitment to offer simple and elegant technologies that provide the leading cloud surveillance and security experience to customers worldwide," Martin Renkis (pictured), Smartvue founder and CEO, said in a release. "We are excited to partner with Brivo to make the world a safer place."
The Brivo OnAirSM Online Video Recording platform integrated with Smartvue provides organizations the ability to access both live feeds and recorded high-definition video to “improve facility safety, security and total cost of ownership,” according to the release.
“Our customers are always looking for ways to increase visibility, resiliency, span of control and long-term reliability,” said John Szczygiel, Brivo Systems executive vice president and chief operating officer. “Our partnership with Smartvue Corporation allows us to bring to them a unique and innovative video solution that addresses each of these needs.”
Founded in 1999, Brivo Systems is a wholly owned subsidiary of Elmhurst, Illinois-based The Duchossois Group, a privately held entity comprising companies it notes are valued at approximately $2 billion.
Cloud-based video surveillance and security company Smartvue Corp. has reached a milestone by securing its 25th patent.
Founded in 1996 in North Carolina and headquartered in Nashville, the boutique technology company has made local headlines the past few months with the announcements of additional employees, a new headquarters office space and a Series A investment round of $3.85 million. (Read more here.)
However, the patent number (the company recently secured three patents to reach No. 25) is one of particular note, according to Jake Neu, a patent attorney with Bradley Arant Boult Cummings.
“Twenty-five issued patents represents a strong culture of innovation and recognition of the importance of intellectual property rights to sustained growth, which is particularly impressive for a company of Smartvue’s size,” Neu said.
A.J. Bahou, president of the Tennessee Intellectual Property Law Association and a solo practitioner, said the Smartvue effort is a “strong display of innovation” for a company with fewer than 100 employees.
“It shows Smartvue is constantly innovating and that the U.S. Patent and Trademark Office is recognizing the company,” Bahou said. “It shows the company is putting a lot of effort into research and development and coming up with innovative ideas.”
Smartvue Founder and CEO Martin Renkis said he has placed an emphasis on landing patents, in part, as a way to differentiate the company from others.
"We are proud to be one of the leading patent holders in Tennessee,” Renkis (pictured) said. “Smartvue has always focused on innovation in cloud video surveillance, and this is a major milestone for our company and investors."
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