06 Oct Eagle Eye Networks acquires Uncanny Vision
Eagle Eye Networks has announced the acquisition of Uncanny Vision, boosting the company’s reputation for using AI and analytics to make customers’ business more efficient and the world a safer place.
Dean Drako, Eagle Eye Network’s CEO, commented: “After evaluating more than a dozen AI companies, we began working with Uncanny Vision in 2020. It didn’t take long for us to conclude that Uncanny Vision is the clear leader in surveillance AI. Their award-winning AI technology is deployed across thousands of locations, including Fortune 500 customers.”
Back in November Eagle Eye announced plans to dramatically reshape video surveillance, raising funds from venture capital firm Accel in order to do so. The deal with Uncanny Vision will help accelerate the company’s plans.
Uncanny Vision’s award-winning AI is already used in multiple applications, including: smart cities; gate security; worker safety; ATM monitoring; and perimeter security. Its deep learning algorithms enable recognition, identification and prediction.
Drako continued: “Uncanny Vision’s tools for training, building and optimising models, and its infrastructure for managing and storing training data are superior. This is a key component we’re excited to add to the Eagle Eye Networks platform.”
As well as a new regional office in Bangalore, India, the acquisition also includes research and development capabilities.
The news comes shortly after the announcement that Eagle Eye networks is one of the first physical security companies to go through Smart Solution Certification, from Smart Building Certification.