September 25, 2006—Siemens Building Technologies, Inc., announced that it has signed an agreement by which it intends to acquire VistaScape Security Systems Corp., of Atlanta, as a wholly owned subsidiary.
VistaScape is a leading developer of automated video analytic technology designed to protect critical infrastructure from a broad spectrum of threats. Its customers include major US airports, government facilities and sensitive commercial sites. The transaction, which is expected to close within 30 days, is subject to approval by regulatory authorities.
Founded in 1999, VistaScape pioneered the use of geospatial-aware intelligent video surveillance technologies that provide responders with real-time situational awareness about the nature and location of potential security violations. The company’s flagship product, SiteIQ, is a policy-based software solution that combines these capabilities together with input from other field devices, like intrusion sensors and access control, for proactive alerting and enterprise-wide security management.
As a leading provider of building controls, fire safety and security system solutions, Siemens Building Technologies, Inc., makes buildings comfortable, safe, productive and less costly to operate. For more information, see the company’s Web site.
