Avatar photo

Contributor

Author Bio ▼

Adam Bannister is a contributor to IFSEC Global, having been in the role of Editor from 2014 through to November 2019. Adam also had stints as a journalist at cybersecurity publication, The Daily Swig, and as Managing Editor at Dynamis Online Media Group.
March 31, 2016

Download

Whitepaper: Enhancing security, resilience and efficiency across a range of industries

Konica Minolta to Snap Up Mobotix

Mobotix is the latest brand to succumb to a consolidation trend in the video surveillance market with Konica Minolta announcing the acquisition of the German firm.

Konica Minolta, which wants to diversify away from its struggling office equipment operation, is expecting to pay in the region of 20bn yen (£123m) to 30bn yen (£190m) for a 65% stake in early May.

Mobotix, which arguably suffered from its decision to resist the ONVIF-led consensus around the H.264 video compression standard, specialises in IP surveillance, the capture and analysis of 360-degree images and thermal cameras.

But it’s the company’s expertise in decentralised video management (edge computing) that has apparently grabbed the Japanese imaging giant’s attention.

Rising resolutions (with cameras now achieving 4K and even 7K resolutions) have necessitated ever-larger server capacities. Capable of processing and analysing images themselves – as opposed to sending the images to centralised video management systems – Mobotix cameras place less strain on servers in terms of data storage.

Mobotix products, which generated sales of €80m (£63.2m) in the year ended September 2015, will now be marketed globally via Konica Minolta’s sales channels.

Konica Minolta intends to deploy Mobotix’s image analysis technologies in a wider range of verticals and in more innovative ways, such as monitoring care facilities or monitoring workflow in manufacturing facilities.

Last June, Konica Minolta bought Radiant Vision Systems, an American manufacturer of display-testing equipment, for about 30 billion yen. Konica Minolta emerged from the merger of Konica and Minolta in 2003.

Free Download: The Video Surveillance Report 2023

Discover the latest developments in the rapidly-evolving video surveillance sector by downloading the 2023 Video Surveillance Report. Over 500 responses to our survey, which come from integrators to consultants and heads of security, inform our analysis of the latest trends including AI, the state of the video surveillance market, uptake of the cloud, and the wider economic and geopolitical events impacting the sector!

Download for FREE to discover top industry insight around the latest innovations in video surveillance systems.

VideoSurveillanceReport-FrontCover-23

Related Topics

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments