SYS Technologies, a provider of real-time information technology solutions to industrial and U.S. government customers, announced that it has completed the acquisition of the assets of privately held cVideo, Inc. of San Diego, in accordance with the previously announced terms.
cVideo is a developer of software-based integrated digital video applications used in video surveillance, integrated security, and loss prevention solutions for industrial and governmental applications. Specific market segments include point-of-sale, central alarm monitoring, and homeland security. The products utilize patented, software-based video compression source code. cVideo's software applications are designed to make video more practical by improving the usability of video and data to impact the customer's bottom line.
SYS Technologies noted that its goal is to make the cVideo product line interoperable with its Vigilys command response system for first responders. SYS will provide the video surveillance package as a value-added component to its baseline system, the company noted in a release.
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