Cisco Systems, a multinational technology conglomerate, has recently announced the acquisition of Modcam, a Swedish video analytics provider, for an undisclosed sum. According to senior VP & general manager of Meraki business at Cisco, Chris Stori, the recent deal will significantly enhance the MV smart security camera line of Cisco.
Modcam was founded in 2013 and has raised $7.6 million, according to Crunchbase data. Cisco acquired Meraki back in 2012 for $1.2 billion. Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2
Re: Cisco acquires Modcam We are so excited to have the Mod.Cam team join our Camera Intelligence group at Meraki. At a high level we will be integrating the team and technology into MV, but this will take time and you won't be seeing anything this calendar year. (July 2020) Alden Advisors is pleased to announce the acquisition of its client, Modcam by Cisco Systems Corporation (NASDAQ: CSCO). Headquartered in Malmo, Sweden, Modcam … Fenwick Represents Cisco in Acquisition of Modcam. July 31, 2020.
Our platform is tailored for video content analytics through our in-depth knowledge about image processing and the interaction between software, hardware and camera sensor. Acquisitions. Each acquisition is for the respective company in its entirety, unless otherwise specified, and the date of the agreement between Cisco Systems and the subject of the acquisition is listed. The value of each acquisition is listed in the US$ currency because Cisco Systems is headquartered in California, U.S. For this reason, I am pleased to announce the acceleration of this evolution through Cisco’s acquisition of Modcam, a privately held, video analytics company headquartered in Malmӧ, Sweden. In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and cloud-managed cameras. Cisco Announces Acquisition of Modcam Friday, July 31st, 2020 .
Modcam, Malmö. 183 gillar. Modcam is using intelligent computer vision applications and deep neural networks on device, cisco-announces-acquisition-of-… Mega congrats to the Modcam team on the acquisition by Cisco!
Cisco Meraki recently acquired Modcam to make our line of cameras even smarter. We're looking for a Senior UX Designer to join our Modcam team in Malmo.
At Cisco Meraki, we strive to create products that solve our customers’ problems. With our MV smart camera portfolio, we have eliminated the problems of infrastructure cost and complexity that were prevalent in legacy systems. The Banzai Cloud team will join Centoni’s emerging technologies and incubation group at Cisco. To date, for 2020, Cisco has targets and/or racked up six acquisitions, including Banzai Cloud and Portshift.
Modcam acquired by Cisco. August 10, 2020. It has been summer, but not a regular summer. In the startup scene things have been moving. Besides Mapillary being acquired by Facebook, another acquisition has happened: Cisco scooped up Modcam. Founded in 2013, Modcam has developed a smart sensor for image analysis.
Modcam has created a solution to provide data-driven insights based on computer vision.
Cisco Systems, a multinational technology conglomerate, has recently announced the acquisition of Modcam, a Swedish video analytics provider, for an undisclosed sum. According to senior VP & general manager of Meraki business at Cisco, Chris Stori, the recent deal will significantly enhance the MV smart security camera line of Cisco. 7. Merger/Acquisition: 31-Jul-2020: 00.000: Completed: Generating Revenue: 6. Corporate: 17-Jun-2019: 00.000: 00.000: Completed: Generating Revenue: 5.
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Retrieved Aug 1, 2020 Cisco acquires Modcam to make Meraki smart camera smarter. Cisco announced that it has acquired Swedish startup Modcam and is making it 4 août 2020 Cisco a fait l'acquisition du fournisseur suédois d'analyse vidéo Modcam.
We are pleased to informed that today Cisco has announced the acquisition of Modcam. As the lead investor in Modcam from the early seed stage, Spintop is very pleased to again have been part of developing a deep-tech company from the Nordics that is being picked up by one of the leading global technology companies. Cisco (NASDAQ: CSCO) executed its acquisition of Modcam, a privately held, video analytics company headquartered in Malmö, Sweden. Cisco Systems, Inc. designs, manufactures and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use.
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2020-07-31
Cisco Systems, Inc. designs, manufactures and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. I am pleased to announce Cisco’s acquisition of Modcam, a privately held, video analytics company headquartered in Malmӧ, Sweden. In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, … The companies did not reveal the purchase price, but Cisco tells us that the acquisition has closed..
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Today, Cisco announced that it’s acquired Swedish startup Modcam and making it part of its Meraki smart camera portfolio with the goal of incorporating Modcam computer vision technology into its portfolio. The companies did not reveal the purchase price, but Cisco tells us that the acquisition …
Cisco acquired Meraki back in 2012 for $1.2 billion. Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 Billion In Cash As the Internet of Things proliferates, security cameras are getting smarter. Today, these devices have machine learning capability that helps the camera automatically identify what it's looking at -- for instance, an animal or a human intruder? Today, Cisco announced that it has acquired Swedish startup Modcam and is making it part of its Meraki smart camera portfolio with the goal of Modcam was founded in 2013 and has raised $7.6 million, according to Crunchbase data. Cisco acquired Meraki back in 2012 for $1.2 billion. Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 For this reason, I am pleased to announce the acceleration of this evolution through Cisco’s acquisition of Modcam, a privately held, video analytics company headquartered in Malmӧ, Sweden. In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and Cisco and Modcam made no announcements about the acquisition sum.
Today, Cisco announced that it's acquired Swedish startup Modcam and making it part of its Meraki smart camera portfolio with the goal of incorporating Modcam computer vision technology into its
With our MV smart camera portfolio, we have eliminated the problems of infrastructure cost and complexity that were prevalent in legacy systems. Cisco Announces Acquisition of Modcam Malmӧ, Sweden - 31st July 2020 - Cisco has announced the acquisition of video analytics company, Modcam to accelerate the evolution of its smart cameras, and also adding Modcam’s team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and cloud-managed cameras. The companies did not reveal the purchase price, but Cisco tells us that the acquisition has closed.. In a blog post announcing the deal, Cisco Meraki’s Chris Stori says Modcam is going to up Meraki’s machine learning game, while giving it some key engineering talent, as well. Networking giant Cisco more “smarts” to its Meraki portfolio with the acquisition of Modcam, a privately held video analytics company. At the chip level, meanwhile, NXP is adding support for a popular machine learning software on a line of microcontrollers in a bid to add more biometric voice and facial recognition capabilities to cost-sensitive edge devices. Modcam.
Cisco acquires Modcam on 2020-07-31 for an undisclosed amount.