Ge Completes Visiowave Buyout
“VisioWave’s technology, customer relationships and industry insight fit well with our business and will help our customers accelerate improvements in their security infrastructure,” said Louis Parker, COO, GE Infrastructure, Security. “We view digital video networks as a critical component for fully integrated intelligent security platforms. VisioWave focuses on customers’ business needs, which enables them to create a compelling value proposition.” VisioWave focuses on the security market (intelligent CCTV, video surveillance and monitoring) and also has an expertise in media applications such as multimedia intranets, corporate TV or information broadcasting. VisioWave offers a comprehensive range of solutions for applications that require the integrated transmission, management, analysis and storage of extremely high-quality digital video. Founded in 1996 and headquartered in Lausanne, Switzerland, VisioWave employs approximately 90 designers and sales professionals. The company has subsidiaries or sales & support offices in the US, France, Germany, United Kingdom, Spain, Italy and Hong Kong.