Milestone Systems and Arcules have merged, bringing together a combined line-up of video management software, video analytics and Video Surveillance as a Service (VSaaS).
This merger offers enterprises robust video management with the agility and scalability of the cloud and innovation of AI.
With the rise of AI, the joint companies have the potential to derive insights from video data and support decision intelligence. The merger offers the ability to exploit the rapidly changing AI landscape from on premise to cloud.
Arcules was a spin-off of Milestone in 2017. The decision to reunite the companies is driven by a shared vision to deliver intelligent, data-driven video technology that empowers customers to make better decisions and optimise their operations.
“Milestone and Arcules have a strong existing partnership and a common DNA. By uniting and working as one, we can provide a world-class offering that suits many different needs and gives customers greater freedom of choice,” said Thomas Jensen, CEO of Milestone Systems.
“This merger will accelerate our growth and innovation, delivering greater value to our customers and partners. Together, we are committed to realising our vision of empowering people, businesses, and societies through intelligent video solutions,” said Andreas Pettersson, CEO of Arcules.
Entelechy Asia 