Brazil. Hikvision announced the signing of a distribution agreement with WDC Networks, a specialist in this largest field of IP cameras and surveillance systems in the Brazilian market.
The agreement includes WDC Networks selling Hikvision's full range of IP products in Brazil. According to the executives of both companies, the business demonstrates confidence in the great potential of security companies in the Brazilian market.
"WDC Networks will be our key partner in achieving our goal of achieving market leadership in Brazil. With the experience and knowledge they have already gained in this market, we are confident that we can penetrate small and medium-sized enterprises throughout the country," said Tony Yang, Managing Director of Sales for Hikvision Latin America.
WDC Networks has always been a pioneer in the distribution of IP CCTV products in Brazil and the addition of the Hikvision brand will help expand its network of sales channels. "We know how to meet the needs of small installers and distributors, we have the logistical and line of credit capacity for them, but we lacked a brand of IP cameras with good reputation and price. Now, with Hikvision, we can expand our entry into this market." said Vanderlei Rigatieri, CEO of WDC Networks.
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