Friday, May 18, 2007

Motorola Invests in VidSys for Security/Surveillance

Motorola has made an equity investment in VidSys, which specializes in Physical Security Information Management (PSIM) solutions for safety, security, commercial, surveillance, military and transportation organizations. Financial terms of the investment were not disclosed.

PSIM is the marriage of video management for security and surveillance applications with incident and event management.

"There is a need for a stronger convergence of physical and IT security assets in order to provide better response to public safety incidents and threats," said Reese Schroeder, managing director, Motorola Ventures.

The VidSys platform is based on an open, hybrid architecture that integrates data from any video source, as well as any detection, monitoring or control system. The company was founded in 2005 and previously received funding from IDG Ventures.

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