April 6, 2011 -- It's the week of PSIM acquisitions. First ADT announced that it had purchased Proximex, and now, on the first day of ISC West, Verint (booth #20069) has announced its acquisition of PSIM company Rontal Engineering Applications Ltd.
Rontal's PSIM technology will be used to expand Verint's portfolio chiefly with this week's launch of Nextiva PSIM, Verint's own branded physical security information management platform. According to the firm, the Nextiva PSIM technology "captures information from a variety of security, safety and corporate systems and [enables] the fusion of information for users to quickly and efficiently view, correlate and analyze data to identify, initiate and manage response to situations in collaboration with other security agencies."
The move marks a change from a partner OEM agreement to an in-house offering according to Elan Moriah, the president of Verint Video Intelligence Solutions and Verint Witness Actionable Solutions.
"We have been offering PSIM technology within our solutions portfolio through a successful OEM agreement," said Moriah. "The launch of Nextiva PSIM demonstrates our continued commitment to delivering innovative and comprehensive solutions to our customers, enabling them to derive enhanced value from their security investments."
The acquisition of PSIM technology and integration into a full-fledged video surveillance technology company also occurred with NICE's acquisition of Orsus in November 2009. Besides offering the Nextiva PSIM solution, Verint already offers a number of video management solutions, cameras, encoders, network video encoders, video analytics services, wireless video transmitters and other products used as part of comprehensive video surveillance system.