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Hikvision acquires intrusion detection technology
Hikvision has expanded its capabilities with the acquisition of Pyronix, a UK-based manufacturer focusing on intrusion alarm systems.
May 25, 2016 By SP&T Staff
Hikvision plans to apply Pyronix’s expertise and know-how in intrusion detection systems to its leading position in the video surveillance market. The result, says Sebastian Herrera, CEO of Pyronix, will mark the future of security systems: “Hikvision and Pyronix combined know-how will bring new advancements and innovative products to the market, converging two security technologies in video surveillance and intrusion detection.”
Jiang Feng Zhi, recently appointed chairman of Pyronix, commented on the acquisition: “These are exciting times for Pyronix and Hikvision as the two companies work together. Hikvision has plans for significant investment in the UK and particularly in its UK-based manufacturing, with plans to dramatically expand operations.”
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