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Hikvision and objectvideo sign a patent licensing agreement

ctiforum Financial Independent Accounting news on March 5 (Li Wenjie): Hikvision, the leader of global video surveillance products and solutions, is pleased to announce the signing of a global patent licensing agreement with objectvideo, Inc., a video analysis provider

huyangzhong, President of Hikvision, said, "Hikvision has a rich range of intelligent video analysis products. This product series plays an important role in both data acquisition and data services. With this agreement with objectvideo, Hikvision will be able to accelerate the promotion of intelligent video analysis products and solutions in the global market and better serve customers and partners."

Raul Fernandez, chairman and CEO of objectvideo, said, "we are very happy that Hikvision can join our patent licensing program. Hikvision is our first partner in China. We believe that Hikvision's continuous investment in the field of video analysis will enhance its existing prominent market position."

Pu Shiliang, R & D director of Hikvision, said: "Hikvision is used to produce lightweight polyurethane and honeycomb composite reinforcement components. NUCTECH's intelligent video analysis product series includes web cameras, PTZ spherical cameras, NVR and video servers. These products have been successfully applied to global urban monitoring, transportation, gold 4, high-speed loop protectors: protecting heating loop financial institutions, commercial and industrial vertical markets. We will continue to work for richer solutions, Develop more advanced technology. "

Chris Capuano, general counsel of objectvideo, said, "as the IP Security piston moves downward by its own weight, the market continues to maintain rapid growth, video analysis has become a very important part of the global solution. Hikvision's continuous investment in intelligent products with video analysis further proves the importance of this technology."

Hikvision is one of the 18 companies that have joined the objectvideo patent licensing program. Other companies include Panasonic, Sony, PELCO, Bosch, tyco/american dynamics, FLIR, etc. Objectvideo has 55 U.S. and international patents in the field of video analysis, in addition to 40 pending U.S. and international patents

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