Johnson Controls has acquired Smartvue, a leading Internet of Things (IoT) and video provider which empowers cloud video surveillance and IoT video services. The addition of the Smartvue cloud-based video platform will enhance Johnson Controls’ offering of an end-to-end, smart cloud-based solution that can provide superior business data and intelligence to customers and added value to partners.
Nashville-based Smartvue’s global video surveillance and IoT video cloud platform is supported in 140 countries and serves customers such as telcos, cable companies, security firms, storage providers, device manufacturers and other organisations.
The platform supports IoT technologies that enable secure video in almost any device to connect with a robust global cloud, accessed through an intuitive interface.
Smartvue boasts an “industry-defining” Intellectual Property portfolio, including more than 800 granted utility patent claims from its near 20-year history.
“The addition of Smartvue’s open API cloud architecture to the Johnson Controls portfolio bolsters our ability to provide scalable video as a service in a highly cost-effective, fast and secure way,” said David Grinstead, vice-president and general manager for security products in the Building Technologies & Solutions division of Johnson Controls. “This acquisition will strengthen our potential to more fully harness the power of cloud-based video and provide opportunities for our partners to derive new revenue streams as the industry’s adoption of cloud increases.”
Martin Renkis, founder and CEO of Smartvue Corporation, responded: “Smartvue is a trusted name that has made buildings secure, infrastructure more effective and cities smarter for more than 20 years now. Integrating our technology and innovation with Johnson Control’s leadership and global reach will deliver exponential new value to the IoT and security industries.”