Honeywell has acquired privately held RSI Video Technologies (RSI), the French intrusion detection product company under the brand Videofied, for about $123 million.
RSI’s wireless battery-powered motion detectors with built-in cameras deliver live video over the cloud to central monitoring stations and end users. Honeywell says this buy is for it to meet the customer need for video verification, and it brings a do-it-yourself (DIY) offering with professional monitoring.
Alex Ismail, president and CEO, Honeywell Automation and Control Solutions said: “RSI complements Honeywell’s industry-leading security portfolio, and brings significant new technology and software that provides added value to our security dealers and channel partners.”
And David Paja, president of Honeywell Security and Fire said: “The industry has been looking for ways to reduce the burden on local law enforcement resources responding to false alarms. RSI helps reduce false alarms by providing cost-effective indoor and outdoor video verification solutions to dealers and central monitoring stations.”
Founded in 2000 and based in Strasbourg, with key operations in Minnesota, RSI has more than one million installations in more than 60 countries. It has about 110 employees in France and the US. RSI will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions. Visit www.honeywellnow.com.
