Observint Sells infinias Access Control Technology
Company to Focus on Expansion of DIGIOP Video & Data Management Platform
Austin, TX (March 5, 2015) – Observint Technologies, a leading security technology company based in Austin, TX, today announced that the company has sold its infinias® access control technology to 3xLOGIC, a provider of intelligent video surveillance solutions with headquarters in Westminster, CO.
"Since the acquisition of infinias in September of 2012, the business has more than doubled in size," said Brian Wood, CEO of Observint. "This is a true testament to the value of the infinias solution." Wood continued, "While Observint had very aggressive plans for infinias, we feel that 3xLOGIC offers an expansive platform that will accelerate the growth and continued development of infinias' technology." The sale allows Observint to focus on developing the company's DIGIOP® branded video & data management platform, and growing the company's core video business.
Since 2003, DIGIOP's cutting-edge software has offered seamless integration of video and information from back-office systems – such as point-of-sale and people counting devices. Under the direction of President Mike Compton, DIGIOP will continue its focus on the retail sector, where the company already serves many of the largest franchises in North America.
In addition to DIGIOP, Observint is parent to two of the nation's leading security solutions providers, Supercircuits and Security Cameras Direct. Both companies will continue to sell both infinias and DIGIOP technologies.
About Observint Technologies
Observint Technologies is a vertically integrated manufacturer and supplier of professional video surveillance solutions. Observint's comprehensive product portfolio includes: DIGIOP® integrated video and data management solutions; Alibi® high-definition video surveillance solutions; Tirade® wireless transmission products; and 3S Vision multi-megapixel technologies. Observint products and technologies are available through a broad network of national, regional, and vertically-focused distribution partners, including owned security providers Supercircuits and Security Cameras Direct. Observint is a portfolio company of The Carlyle Group, one of the world's largest and most diversified global alternative asset management firms.
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