International. Johnson Controls recently announced that it has acquired cloud video service provider Smartvue. In a statement, Johnson Controls said the addition of Smartvue's video platform will enhance its offering of an end-to-end cloud-based intelligent solution that can provide data and business intelligence.
Smartvue's Nashville-based global IoT video surveillance and video surveillance platform is today supported in 140 countries and serves different customers, including telecommunications, cable, security firms, storage providers, device manufacturers and other organizations. Smartvue also has an intellectual property portfolio that includes more than 800 utility patent claims from its nearly 20-year history.
"The addition of Smartvue's open cloud API architecture to the Johnson Controls portfolio reinforces our ability to provide scalable video as a service in a highly cost-effective, fast and secure manner," said David Grinstead, vice president and general manager, Security Products, Building Technologies and Solutions, Johnson Controls. "This acquisition will only strengthen our potential to fully harness the power of cloud-based video and provide opportunities for our partners to gain new revenue streams as industry adoption of the cloud increases."
"Smartvue is a trusted name that has made buildings and homes safe, infrastructure more effective and cities smarter for more than 20 years," said Martin Renkis, founder and CEO of Smartvue Corporation. "Integrating our technology and innovation with Johnson Control's leadership and global reach will deliver new and exponential value for IoT and the security industries."
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