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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.
Eagle Eye Networks has acquired Panasonic Cloud Management Services Europe BV (PCMSEU), whose flagship products are Panasonic Cameramanager and Panasonic Nubo.
The two companies operate in the same market – cloud-based video surveillance – with Eagle Eye Networks the dominant force in North America and PCMSEU the clear European leader. PCMSEU operates more cloud-recorded cameras than any other company in Europe – by some distance.
The acquisition of CMSEU gives Eagle Eye Networks a bridgehead into the European market and creates a truly global player in a still nascent cloud surveillance market that is growing at a much faster rate than the conventional DVR/NVR segment.
Panasonic Cloud Management Services Europe BV will be renamed Eagle Eye Networks BV. Serving as the European headquarters for Eagle Eye, the European giant will now sell and support the expanded Eagle Eye product line.
“Our dealers in Europe have responded with overwhelming support for this acquisition. It will greatly enhance our sales and support efforts in the European market,” said Dean Drako, CEO of Eagle Eye Networks. “The strong and experienced team in cloud video surveillance at our new Eagle Eye EMEA headquarters will make it possible for us to provide a tremendous level of support to all of our dealers in the region.”
Eagle Eye Networks are exhibiting at IFSEC International between 20-22 June 2017 at London ExCeL. You will find them onstand C1025.Get your free badge now.
The Eagle Eye NuboCam
All PCMSEU employees will be retained following the deal. Cameramanager co-founders Rishi Lodhia and Tijmen Vos will remain with the company as managing director and technical director of Eagle Eye Networks EMEA respectively.
Said Rishi Lodhia: “This is a unique opportunity to bring two pioneers in cloud video surveillance together and deliver a broad portfolio of innovative cloud surveillance solutions. Eagle Eye and Cameramanager dealers worldwide will now have a wider selection of cloud video products to meet their customers’ needs.”
Panasonic Cameramanager, on which small and medium businesses can watch and manage live and recorded surveillance footage from their smartphone, will be renamed Eagle Eye CameraManager.
Eagle Eye plans to expand global sales of CameraManager to meet demand for direct camera to cloud connectivity.
CameraManager cloud surveillance products boast optional storage methods, motion detection, push notifications and cloud based video analytics. Lacking the onsite bridge device of the Eagle Eye Cloud Security Camera VMS, the CameraManager solution can be more cost-effective for smaller camera counts per location.
Eagle Eye Cameramanager
Eagle Eye Networks BV will continue to sell Eagle Eye Cloud Security VMS in Europe to customers that prioritise camera interoperability and have high camera counts. Eagle Eye Cloud Security Camera VMS supports more than 1,000 different digital cameras, over 10,000 different analogue cameras, up to 10 years of video retention and very large camera counts.
Panasonic Nubo, which becomes Eagle Eye NuboCam, is an LTE camera and was the world’s first mobile video monitoring surveillance camera when it launched in 2015.
Datacenters
Eagle Eye Networks operates datacenters in California, Texas, Canada, Japan (two), the UK and – thanks to the acquisition – two in the Netherlands.
Eagle Eye Networks are exhibiting at IFSEC International between 20-22 June 2017 at London ExCeL. You will find them onstand C1025.Get your free badge now.
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Eagle Eye Networks acquires Panasonic Cloud Management Services Europe BVThe acquisition of CMSEU gives Eagle Eye Networks a bridgehead into the European market and creates a truly global player in a still nascent cloud surveillance market.
Adam Bannister
IFSEC Insider | Security and Fire News and Resources
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