Avigilon expands access control opportunities with RedCloud purchase

aviglonAvigilon Corporation has acquired privately-held RedCloud Security Inc. (RedCloud) for $17 million in a bid to secure a larger segment of the global security market.

Through the acquisition of RedCloud, the integrated access control systems provider, Avigilon benefits from a new product line to boost its end-to-end high-definition and megapixel surveillance solution offerings.

RedCloud was founded by Terry Neely and the firm’s patented web-based, physical and virtual access control systems allow companies to combine physical security and identity management.

The company’s open platform means organisations benefit from easy integration with existing IT systems and RedCloud has experienced recent growth due to sales to large corporate and educational clients.

Alexander Fernandes, president and CEO of Avigilon, claims RedCloud “redefined physical access control” through the company’s “unique approach to converging IT and physical security” and he was excited about the addition of Neely and his team under the Avigilon banner.

“Avigilon and RedCloud have parallel philosophies when it comes to providing innovative technologies that deliver the most return for our customers,” he added

“This acquisition brings new and exciting opportunities for Avigilon to participate in a larger share of the total security market.”

redcloud-logoNeely, president and chief technology officer of RedCloud, added: “With Avigilon’s resources, global sales channel and talented team we believe we can accelerate the expansion of our product roadmap and move the industry toward an integrated approach for IT and physical security.”

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