HeiTel agrees to be acquired by Xtralis
Published: 06 July, 2011
Xtralis, a global provider of powerful solutions for the early detection of fire, gas and security threats, today announced the acquisition of Germany-based HeiTel Digital Video GmbH.
Xtralis believes the acquisition enhances its position as a manufacturer of video surveillance and central monitoring solutions globally. “The intelligent remote monitoring market is one of the fastest growing segments of the maturing video surveillance market due to quickly advancing technology and industry standards. Intelligent Remote Monitoring provides proactive protection through video verified alarms and controlled response at much lower annual costs than alternative solutions,” explained Samir Samhouri, President and CEO of Xtralis.
By joining forces Xtralis and HeiTel will provide a complete Intelligent Remote Monitoring platform including video verification, analytics and perimeter protection to the global market.
“The addition of HeiTel will help the Xtralis group of companies excel and expand in the delivery and monitoring of its leading early detection technology; it will also enhance the companies geographic and market segment reach. HeiTel’s product offering, channels and geographic presence complements the Xtralis ADPRO offering. Together ADPRO with HeiTel will have a dominant position in the markets they serve. We see no significant overlap between ADPRO and HeiTel and we intend to maintain all the products, channels, locations and talents that HeiTel has worked on building over the last 20 years.”