February 11, 2008
GE Security boosts IP video with CoVi Technologies purchase
Austin, TX-based CoVi Technologies, a video surveillance company known for its advanced edge-centered surveillance products, has been acquired by GE security. CoVi's comprehensive knowledge of network systems was part of GE's motivation to acquire this up and coming IP video business - especially their focus on edge wireless network. Unlike 802.xx wireless networks, edge and mesh wireless networks spread coverage out over much greater distances. The easy transmission and powerful coverages over distances make edge and mesh wireless easy choices for large-scale surveillance installations, such as municipal surveillance.
GE Security has a small selection of IP cameras for the public, but is hoping to greatly expand their offerings of digital equipment, including network video recorders, in the coming months. New technology and intellectual property from CoVi should help boost GE's competition in a market which is recieving an incredible amount of attention lately. Use of network cameras and wireless IP cameras is slated to double by 2001, and experts estimate that by 2009, over half a million security camera units will be sold and shipped each year.
Read more at Security Systems News...
Posted by Jennifer on February 11, 2008 11:44 PM | Comments (0)
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