The companies did not reveal the purchase price, but Cisco tells us that the acquisition has closed. In a blog post announcing the deal, Cisco Meraki's Chris Stori says Modcam is going to up Meraki's machine learning game, while giving it some key engineering talent, as well.

Cisco Systems, a multinational technology conglomerate, has recently announced the acquisition of Modcam, a Swedish video analytics provider, for an undisclosed sum. According to senior VP & general manager of Meraki business at Cisco, Chris Stori, the recent deal will significantly enhance the MV smart security camera line of Cisco.

Mercedes-Benz Consulting is working with Modcam to hit the accelerator on the next generation of the automotive retail experience. blogs.nvidia.com. Cisco Announces Acquisition of Modcam Friday, July 31st, 2020 . At Cisco Meraki, we strive to create products that solve our customers’ problems. With our MV smart camera portfolio, we have eliminated the problems of infrastructure cost and complexity that were prevalent in legacy systems. Re: Cisco acquires Modcam We are so excited to have the Mod.Cam team join our Camera Intelligence group at Meraki. At a high level we will be integrating the team and technology into MV, but this will take time and you won't be seeing anything this calendar year.

Modcam acquisition

Cisco and Modcam made no announcements about the acquisition sum. However, all employees of the startup have now been hired by Cisco. Modcam’s technology will be integrated into the Meraki portfolio and will no longer be available as a stand-alone product. Tip: Cisco needs time to make Intent-Based Networking successful Modcam Modcam uses computer vision and machine learning on device to track, monitor and analyse people, anonymously! Acquiring Organization: Cisco Cisco develops, manufactures, and sells networking hardware, telecommunications equipment, and other high-technology services and products.

August 10, 2020. It has been summer, but not a regular summer.

Cisco Systems has acquired Modcam, a privately held, video analytics company that transforms networked cameras into smart cameras. The deal aligns with Cisco’s Meraki MV smart camera business. Financial terms of the deal were not disclosed. Chris Stori, senior VP and GM, Cisco Meraki.

It has been summer, but not a regular summer. In the startup scene things have been moving. Besides Mapillary being acquired by Facebook, another acquisition has happened: Cisco scooped up Modcam. Founded in 2013, Modcam has developed a smart sensor for image analysis.

Aug 5, 2020 Cisco acquires Swedish startup Modcam, a specialist in smart technology for smart cameras. Modcam's technology has been added to the

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Aug 3, 2020 Cisco announced that it acquired Modcam, a video analytics company headquartered in Malmӧ, Sweden. Modcam was founded in 2013 and had (July 2020) Alden Advisors is pleased to announce the acquisition of its client, Modcam by Cisco Systems Corporation (NASDAQ: CSCO). Headquartered in Aug 3, 2020 Cisco Systems Inc. acquired Swedish video analytics company Modcam AB for an undisclosed sum. The acquisition will see Modcam's tech Aug 5, 2020 Cisco acquires Swedish startup Modcam, a specialist in smart technology for smart cameras. Modcam's technology has been added to the Modcam has created a solution to provide data-driven insights based on Co- founder, Tech Guy at Modcam AB Cisco Announces Acquisition of Modcam.
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Aug 3, 2020 Cisco announced that it acquired Modcam, a video analytics company headquartered in Malmӧ, Sweden.

( Published on April 16, 2019 ).
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Aug 12, 2019 Cambrex is set to acquire Avista and enter the market of early stage small molecule development and testing.

Use the PitchBook Platform to explore the full profile. Aug 3, 2020 Cisco announced that it acquired Modcam, a video analytics company headquartered in Malmӧ, Sweden. Modcam was founded in 2013 and had (July 2020) Alden Advisors is pleased to announce the acquisition of its client, Modcam by Cisco Systems Corporation (NASDAQ: CSCO).

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2020-07-31 · Today, Cisco announced that it has acquired Swedish startup Modcam and is making it part of its Meraki smart camera portfolio with the goal of incorporating Modcam computer vision technology into its portfolio. The companies did not reveal the purchase price, but Cisco tells us that the acquisition has closed.

Financial terms of the deal were not disclosed. Chris Stori, senior VP and GM, Cisco Meraki Modcam acquired by Cisco August 10, 2020 It has been summer, but not a regular summer. In the startup scene things have been moving. Cisco Systems, a multinational technology conglomerate, has recently announced the acquisition of Modcam, a Swedish video analytics provider, for an undisclosed sum.