ROSH HA'AYIN, Israel and RESTON, Va., Dec. 23, 2013 /PRNewswire/ -- Agent Vi, a global leader in open architecture video analytics software solutions, today jointly announced the signing of a patent license agreement with ObjectVideo. The worldwide, non-exclusive, royalty-bearing license to ObjectVideo's portfolio of 55 patents provides Agent Vi, its customers and partners, protection for current and future Agent Vi products.
"Agent Vi has been a leading provider of video analytics solutions for the past 10 years, maintaining this leading position through continued innovation and significant global expansion. Our commitment to our ecosystem of product users, sales channels and integration partners has always been our highest priority, and we are happy to have reached this agreement which allows us to shield our ecosystem through a stronger intellectual property foundation," said Itsik Kattan, CEO of Agent Vi.
"Agent Vi provides flexible video analytics solutions, with powerful options for both Edge and Server based solutions," said Raul Fernandez, Chairman of ObjectVideo. "We are very pleased to add Agent Vi's complete product portfolio to the growing list of 'risk-free' analytics solutions on the market. Adding Agent Vi to the global roster of licensed video analytics manufacturers further demonstrates the value of ObjectVideo's patent portfolio to manufacturers regardless of their location and the markets they serve. ObjectVideo's patent licensees include the leading global developers of video analytics from Israel, Asia, Europe and North America."
ObjectVideo holds 55 US and international patents in the field of video analytics. Agent Vi is the 16th company to license ObjectVideo's patents. Other licensees include Panasonic, Sony, Pelco, Bosch Security Systems, Tyco Security Products, IntelliVision, Aimetis, 3VR, UDP Technology, VIVOTEK, VideoIQ, InStore Logic and ViDiCore.
About Agent Vi
Agent Video Intelligence (Agent Vi™) is a leading provider of open architecture, video analytics software deployed in a variety of security, safety and business intelligence applications worldwide. Solutions extend from real-time video analysis and alerts to forensic search and post-event analysis, and are fully integrated with multiple third party edge devices and video management systems. www.agentvi.com
About ObjectVideo, Inc.
ObjectVideo is a leading innovator in intelligent video solutions. OV's patented video analytics technologies are licensed and employed by leading IP video manufacturers around the world. ObjectVideo continues to advance the science of intelligent video with ongoing research and development in areas including: intelligent tagging of consumer and commercial video; machine learning and mobile video intelligence. To stay up-to-date on ObjectVideo news, please click HERE.