Volpi Capital and the management of Digital Barriers completed the management buyout (MBO) of the Company on 31 October 2017. The remainder of the original business continues to be listed and has renamed itself ThruVision PLC.
Digital Barriers is a provider of edge-intelligent solutions for surveillance and security markets, providing software solutions and cloud services to manage the capture, analysis and streaming of live video, enabling actionable video intelligence to be delivered.
The company established its reputation with its EdgeVis technology, providing mission-critical surveillance and security solutions with zero-latency video over wireless networks, operating at low bandwidths. DB also provides SmartVis SafeZone, a government accredited video analytic software that is deployed on cameras at the edge, or embedded within enterprise or cloud-based video management systems.
The Company is headquartered between the UK and US, with regional operations covering Europe, the Middle East and Asia Pacific.
Speaking exclusively to PSI, Zak Doffman, CEO of Digital Barriers stated what impact the MBO would have on UK installers: “We will continue to provide the same level of capability and service and support to our UK partners and resellers. In that regard, this is no change. What will change is that we will innovate more quickly and provide the market with a level of technology innovation across our key areas of focus that even further differentiates Digital Barriers and our partners from the rest.”
Read more about the MBO in the December edition of PSI magazine