November 2009 Archives

NICE-Orsus Deal Sends Mixed Messages

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NICE Systems Ltd. announced Monday it will acquire the assets of Orsus, a leading vendor of physical security information management (PSIM) systems for $22 million in cash. The deal will give Israel-based NICE Systems, a supplier of video management systems that integrate analytics and audio incident management, a critical command-and-control element that can enable larger security systems integration, At the same time, however, the relatively low purchase price raises questions on the short-term market outlook for PSIM.

Founded in 1999, Orsus, also based in Israel, is privately-held. The company's mainstay product is Situator, a high-end PSIM system designed to bring together information from various security systems--video surveillance, access control, fire and life safety, and others--and present it in a coherent way so security staff can accurately evaluate a situation and respond quickly and correctly.
 

November 2009 Archives