Avigilon

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Avigilon Corporation
Subsidiary
Traded asTSX: AVO
Founded2004
FounderFroilan Caranay
HeadquartersVancouver, British Columbia
ProductsVideo surveillance software and equipment
ParentMotorola Solutions
Websiteavigilon.com
Avigilon security camera

Avigilon Corporation is a Vancouver-based company that designs, manufactures and markets video surveillance software and equipment. It was founded in 2004 by Froilan Caranay in Vancouver, British Columbia.

Avigilon software protects and monitors many locations including stadiums, retail environments, casinos, critical infrastructure, transportation stations, schools, and several other locations.

History[edit]

Avigilon Corporation was founded in 2004 by President, CEO and Chairman, Alexander Fernandes in Vancouver, British Columbia.

Avigilon publicly announced the first high-definition surveillance system built from the ground up at ASIS in 2006 and began selling its products in December 2007. The system included an 11 MP camera and high-definition network video recording software. Since then, Avigilon has extended its range of cameras and has introduced 16 MP and 29 MP models in addition to video management software and analog encoders to integrate legacy equipment into new high-definition video surveillance systems.

Avigilon went public on November 8, 2011 on the Toronto Stock Exchange (TSX).[1][2] Avigilon currently sells into over 113 countries worldwide with the help of 1,500 resellers.[citation needed]

It was announced in February 2018 that Motorola Solutions has agreed to acquire Avigilon in a deal worth C$1.2 billion.[3][4] The acquisition was completed in March 2018.[5]

Products[edit]

The Avigilon Control Center (ACC) software records and manages audio and video,[6] using high-definition stream management (HDSM) technology.[7] to handle the bandwidth and storage requirements of multi-megapixel video streams.

References[edit]

  1. ^ Jameson Berkow, The National Post. "Vancouver’s Avigilon goes public on the TSX." Nov. 8, 2011. Retrieved July 16, 2012.
  2. ^ Jameson Berkow, Financial Post. "Going Public not for weak." November 14, 2011. Retrieved July 16, 2012.
  3. ^ Editorial, Reuters (February 2, 2018). "Motorola to buy Canadian security camera maker Avigilon for C$1.2..." Reuters. Retrieved June 11, 2018.
  4. ^ "Motorola Moves Into Video Surveillance With $1 Billion Avigilon Deal". Bloomberg.com. February 2, 2018. Retrieved June 11, 2018.
  5. ^ "Motorola Solutions closes deal with Avigilon video-solution provider". IWCE's Urgent Communications. March 30, 2018. Retrieved June 20, 2018.
  6. ^ John Adams, Security Electronics & Networks. "All Seeing Eyes." March 30, 2011. Retrieved July 16, 2012.
  7. ^ Scott Simpson, Vancouver Sun. "Avigilon spies opportunities in surveillance." November 30, 2011. Retrieved July 16, 2012.

External links[edit]