Atos reinforces its leading position in the Edge and Computer Vision market through the acquisition of Ipsotek
Paris (France), April twenty, 2021
Atos today declared it has attained an arrangement to acquire Ipsotek, a primary AI enhanced video clip analytics software program company. With this acquisition, Atos, now a major player in Edge AI/ML and much more especially Edge Vision, will strategically reinforce its primary position in Edge and Personal computer Vision by adding vital software program capabilities and IP to its options portfolio.
Established in 2001 and based mostly in London, Ipsotek offers a scalable AI system, VISuite, that enables consumers to competently deal with mechanically-generated alerts in authentic-time, and can be made use of throughout a selection of use cases such as crowd administration, smoke detection, intrusion detection, perimeter protection, quantity plate recognition and targeted traffic administration. VISuite also delivers multi-digicam monitoring capabilities. The enterprise has executed much more than 600 tasks in 38 international locations. The acquisition will add a extremely skilled team of roughly 50 gurus to Atos.
Atos’ and Ipsotek’s merged capabilities will build a exceptional proposition throughout the complete value chain for the public sector, retail, production, transportation, and critical infrastructure sectors and make them a partner of choice in the laptop or computer vision market.
“With this strategic transfer, Atos is reinforcing its primary position in Edge and Personal computer Vision and complementing its existing close-to-close giving in Edge AI/ML. Ipsotek’s intensive experience, its extremely skilled professionals and highly effective solution suite will improve the Atos groups and build a certainly exceptional giving on the market” explained Pierre Barnabé, Senior Executive Vice President, Worldwide Head of Big Facts & Safety at Atos.
“We are thrilled to join forces with Atos and are self-confident that our merged capabilities offer considerable value to our respective clientele. We seem ahead to developing a excellent success story with each other.” explained Boghos Boghossian, CTO and Co-founder of Ipsotek.
The closing of the transaction is envisioned to just take spot in Q2 2021.
Obtain the release in PDF
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About Atos
Atos is a global chief in electronic transformation with one hundred and five,000 employees and once-a-year profits of about € 11 billion. European quantity a single in cybersecurity, cloud and large overall performance computing, the Team delivers customized close-to-close options for all industries in seventy one international locations. A pioneer in decarbonization solutions and solutions, Atos is committed to a secure and decarbonized electronic for its clientele. Atos operates underneath the models Atos and Atos|Syntel. Atos is a SE (Societas Europaea), stated on the CAC40 Paris stock index.
The goal of Atos is to assist style the potential of the information house. Its know-how and solutions assistance the enhancement of know-how, schooling and exploration in a multicultural technique and add to the enhancement of scientific and technological excellence. Across the earth, the Team enables its customers and employees, and users of societies at large to live, do the job and build sustainably, in a secure and secure information house. www.atos.internet
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About Ipsotek
Established in 2001, Ipsotek is a pioneer in the field of A.I.V.A. (Artificial Intelligence Video Analytics) and State of affairs-based mostly Clever Video Analytics for mission critical programs. Its extremely scalable system VISuite AI enables consumers to competently deal with mechanically generated alarms in authentic-time, ensuing in decreased operator reaction instances and the capacity to monitor decided on behaviours of curiosity in advanced environments.
