Last night the news broke that we have been hoping for, Milestone Systems and Arcules are merging. The statement from Milestone read:
“The VSaaS market is set to explode in the coming years, outpacing other areas of video technology. By joining forces, we are poised to set new standards in the video surveillance industry and surpass the expectations of partners and end-users worldwide. Milestone and Arcules have a history of successful cooperation, both being part of the Canon Group and sharing a partner-based business model. As a united company, we will offer a more seamless and comprehensive product suite, enhancing ease-of-use for our partners and end-users. Both companies are Open Platform companies, and this merger will empower us to offer even more tailored solutions to meet specific business needs. Combining Milestone and Arcules’ strengths allows us to provide greater freedom of choice and responsible technology to our customers.”
This merger follows the earlier merger of Milestone Systems and video analytics specialist Briefcam earlier in the year.
As a longstanding Milestone Premium Partner we are buoyed by these mergers taking place, bringing together all the necessary ingredients of open platform, on-prem, hybrid, cloud and AI technologies to develop a video management platform (VMS) that can offer a solution for any organisation and any use case. We are keen to see how Milestone will combine these technologies and shape the model for the future.
We see this as very good news for our hundreds of Milestone customers as companies can continue to benefit from their investments in Milestone products and solutions, as they may expect for these new technologies to find their way into existing systems over time, delivering new opportunities to improve security and business efficiency.
