Eagle Eye Networks has acquired Uncanny Vision, a move the company says accelerates its leadership in providing AI and analytics to make customers’ businesses more efficient and the world a safer place. The acquisition includes research and development capabilities and a new regional office in Bangalore, India.
The deal accelerates Eagle Eye’s plan, announced in November 2020, when Eagle Eye raised funds from venture capital firm Accel, to dramatically reshape video surveillance. Uncanny Vision’s deep learning algorithms enable recognition, identification, and prediction, improving business operations, customer service, and site safety.
Uncanny Vision’s award-winning AI is used today in multiple applications, including smart parking, retail analytics, gate security, toll automation, smart cities, ATM monitoring, worker safety and perimeter security.
“Uncanny Vision’s tools for training, building, and optimizing models, and its infrastructure for managing and storing training data are superior,” Drako said. “This is a key component we’re excited to add to the Eagle Eye Networks platform.”
All 60 Uncanny Vision employees will be retained, and Eagle Eye plans to expand the Bangalore office. Eagle Eye is committed to supporting Uncanny Vision’s current customers, and will continue to build its global infrastructure to provide the 24/7 support to its global customer base.
Uncanny Vision co-founders, Ranjith Parakkal and Navaneethan Sundaramoorthy, have joined the Eagle Eye leadership team.
“We share the Eagle Eye team’s vision to deliver advanced, cyber secure AI cloud video surveillance offerings that transform video surveillance for businesses around the globem,” Parakkal said.
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