March Networks and VIVOTEK, jointly announced the merger of VIVOTEK’s branded business (OBM) with March Networks to deliver greater scale and a stronger, end-to-end video security portfolio spanning cloud, hybrid, and on-premise video surveillance environments.
Together, the two companies combine complementary strengths in enterprise video management, AI-powered analytics, advanced cameras, and cloud services to accelerate innovation and expand their global security ecosystem.
Following the closing, which is expected in mid-April, the combined organization will be led by Peter Strom, President and CEO of March Networks.
“This integration is about driving greater scale and accelerating long-term growth,” said Strom. “By bringing together two market leaders with highly complementary strengths, we are expanding our capabilities and creating new opportunities to deliver more value to our customers and partners. March Networks’ leadership in enterprise video management, analytics, and business intelligence combines with VIVOTEK’s camera innovation, AI capabilities, and direct-to-cloud video technologies to deliver a more powerful, end-to-end portfolio. Together, we are better positioned to help our partners grow and enable their customers to operate more securely and efficiently.”
For customers and partners, the merger expands the available solution portfolio while maintaining the same trusted brands, support teams, and technology platforms they rely on today.
VIVOTEK’s manufacturing (ODM) business will continue to operate independently, while its branded business (OBM) combines with March Networks.
Stronger Together
March Networks is known for the most scalable, reliable, and secure enterprise video solutions used by the world’s largest banks, retailers, transit agencies, and other commercial customers. VIVOTEK is recognized for its broad portfolio of NDAA-compliant IP cameras, leading AI analytics, and VORTEX, its direct-to-cloud video solution, designed for simplified deployment and cloud video management.
Together, the combined organization significantly expands its global scale and innovation capacity, including:
- Operations across six continents and more than 70 countries, with expected annual revenue of over $200 million USD
- More than 300 engineers in R&D across four Centers of Excellence in Ottawa, Taipei, Poland, and Italy
- An expansive network of more than 1,100 certified channel partners worldwide
“This is a seamless transition for our customers and partners. They will continue working with the same teams they know and trust, while benefiting from greater scale, more choice, and broader global coverage,” said Net Payne, Chief Sales and Marketing Officer. “Whether you’re an existing technology partner, part of our channel ecosystem, or an end customer using our products, we remain committed to delivering the value you have come to expect from each company.”
The combination will take effect following Delta Electronics’ purchase of the remaining VIVOTEK shares it does not already own, which is expected to be completed in mid-April.
