Infinova goes public with IPO in China

Video surveillance products firm raises $300 million from IPO, plans for acquisitions, global expansion, R&D


"We are going to use a big portion of the money to go out to acquire some companies that are going to be complimentary to our company," Liu said. "We have been watching all the time, but we cannot disclose anything until we have a definitive agreement."

Liu and Wilson said that the industry can expect to see more additions to Infinova's product line-up. The company announced yesterday that it will be introducing ONVIF-compliance IP video surveillance cameras at the 2011 ISC West tradeshow in Las Vegas. The company's sales currently are fairly evenly split between the control room products (which includes the matrix switchers), the fiber optic products and the cameras. In the future, said Liu, cameras will become more of the company's sales.

"We can broaden our revenue base from the camera side." he said. "The cameras have the most potential for volume."