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Basler's director
of sales in the US
Ahrensburg, Germany
Basler, one of the world's largest
producers of digital cameras for
industrial and security applica-
tions, has appointed Darren
Burleson as a new Director of
Sales for Basler, Inc.
Darren will be responsible
for Basler's camera customers
in North and South America. The
entire Basler, Inc sales and sup-
port team will report to Darren in
his new role.
Darren has over 15 years of
experience in industrial sales and
sales management. As Director
of Sales for XP Power, Darren
was responsible for managing
a sales team selling power
supplies to OEM's throughout
the Eastern US and Canada. The
first eight years of his career he
was with AT&T and Lucent. Dar-
ren has already called on some
of the same customers that
Basler serves and is familiar with
Basler's sales processes.
"We are all very eager for
Darren to join our team. He
brings in strong analytical sales
skills and an agreeable style
which will fit in extremely well
with our culture", says John P.
Jennings, CCO, Basler, Inc.
Darren Burleson.
Tyco acquired Exacq for $150 million cash
Westford, Ma (USA)
Tyco Security Products
has com-
pleted the acquisition of Exacq
Technologies,
a developer of open
architecture video management
systems (VMS) for security and
surveillance applications for $150
million in cash. The business is
expected to generate annualised
revenues in fiscal 2014 of approxi-
mately $75 million.
This acquisition complements
and expands Tyco Security Prod-
ucts' product offering and increas-
es the company's presence in the
rapidly expanding network video
security industry. This acquisition
will further enable Tyco Security
Products to serve the varied needs
of its global customers who are
seeking cost-effective, easy-to-use
and easy-to-install video security
solutions.
Pioneered by a group of video
industry veterans, Exacq Tech-
nologies offers intuitive network
video solutions that scale from
small single camera applica-
tions to large, integrated systems
with thousands of cameras. The
company has established a strong
brand in North America, with a
blue-chip and loyal customer base
in the corporate, retail, education-
al and banking verticals. Exacq has
achieved significant annual growth
in revenues and profitability since
its inception in 2005, as custom-
ers have migrated from traditional
analog to Exacq's IP-based video
solutions.
"We are excited about bringing
the Exacq product portfolio into
our business and are committed
to its continued development and
to supporting Exacq's existing
customers. With Exacq, we will be
able to reach a broader segment
of customers demanding video
IP security solutions than we are
currently able to serve. We believe
that the combination of Exacq and
American Dynamics video solu-
tions, coupled with Tyco Security
Products' global service and install
footprint, will enable us to better
serve our customers' require-
ments," said Mike Ryan, President
of the Tyco Security Products busi-
ness unit. Ryan continued, "Ex-
acq's management and employees
have been instrumental in getting
them to where they are today, and
Tyco Security Products is looking
forward to welcoming them and
working together to further our
combined success."
Exacq will be integrated into
the Tyco Security Products busi-
ness unit, a leading global provider
of access control, video, location-
based tracking and intrusion
solutions.
Hikvision continues to increase lead on market
Hangzhou, China
For the second consecutive finan-
cial year, Hikvision has held the
top global position with a domi-
nant share of 8% of the CCTV
and video surveillance equipment
market in 2012. This also marks a
great improvement from last year's
5.9% in market share, accord-
ing to a recent report from IMS
Research now part of IHS Inc.
While maintaining its position
as the world's foremost DVR
supplier for 4 consecutive years,
Hikvision has also accomplished
other notable achievements in the
fields of network security cameras,
rising to No.3 from last year's 4th
position, and standing out by
gaining 11.1% of the worldwide
market share of megapixel network
security cameras. This noteworthy
achievement once again serves as
proof of Hikvision's continuous
efforts to continually offer a fuller
range of video surveillance prod-
ucts; moreover the performance in
the VMS category highlights the
capability of Hikvision to be iden-
tified as a leading video surveil-
lance solution provider globally.
Below is a table illustrating
Hikvision's rankings and market
share in various categories as per
the report published by IHS "The
World Market for CCTV and
Video Surveillance Equipment
2013 edition".
"We are pleased to see Hikvi-
sion's continual dominance in
these areas," stated Polo Cai,
Vice President at Hikvision. "We
have been able to carve out this
excellent market position, primar-
ily thanks to our continuous
innovation in Hikvision product
portfolio. This is also an attribute
to our continually expanding sales
channels to various markets."
"Our industry is moving
towards HD IP, which has been
more-and-more progressively
accepted by worldwide customers.
As a response, Hikvision is keeping
in step with this trend and seeking
new innovations to address ever-
changing needs. We've developed
a full-range of HD IP product
lines, differing from entry-level, to
professional sectors which have
now been highly acclaimed by our
partners and customers worldwide.
This is also the primary reason
that we continue to benefit from
Hikvision's annual growth," Polo
noted. "Hikvision is quickly
growing in the global market,
which we are especially proud of
in this tough financial climate. As
a commitment of such, Hikvision
will always work to stay ahead of
market needs and listen very care-
fully to the voice of the market, as
well as continuing our sensitivity
to the cultures of our customers
across the globe."
According to Principal analyst,
Jon Cropley, "During the previous
5 years the world video surveil-
lance market has grown at an aver-
age rate of over 10% a year. At the
same time, Hikvision has quickly
grown its share of the market. It is
estimated to have first become the
world's largest supplier of video
surveillance equipment in 2011
and increased its market share yet
further in 2012."
Polo Cai, Vice President, Hikvision.