Qognify has completed the acquisition of the IP video management software (VMS) company On-Net Surveillance Systems (OnSSI), including SeeTec GmbH. Backed by investment firm Battery Ventures, Qognify announced the agreement on December 22, 2018 and the deal closed on December 28, 2018.
With Qognify, OnSSI and SeeTec operating under one umbrella, the company will be one of the largest VMS, video analytics, PSIM and critical incident management companies, serving mid-market and enterprise organisations.
Steve Shine, CEO and President of Qognify states: “Following the swift closing of the deal, we look forward to focusing on 2019, supporting all Qognify, OnSSI and SeeTec partners and customers, whilst substantially expanding our geographic reach and market penetration.”