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Milestone Systems merges with Arcules

July 2, 2024  By  Neil Sutton


Milestone Systems announced that effective July 1, it is merging with cloud-based video surveillance solutions provider, Arcules. Based in Irvine, Calif., Arcules was originally spun out from Milestone in 2017.

“We are excited to rejoin Milestone, a global leader and trusted partner,” said Andreas Pettersson, CEO of Arcules, in a statement. “This merger will accelerate our growth and innovation, delivering greater value to our customers and partners. Together, we are committed to realizing our vision of empowering people, businesses, and societies through intelligent video solutions.”

Milestone said the merger combines the strengths of both companies in video management software, analytics and cloud-based solutions.

Thomas Jensen, CEO of Milestone, added: “Milestone and Arcules have a strong existing partnership and a common DNA. By uniting and working as one, we can provide a world-class offering that suits many different needs and gives customers greater freedom of choice. As one company, we will shape the future of open-platform video technology.”

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The merger is scheduled to be finalized by the end of the year.


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