“We are bringing together two fantastic companies with shared values: customer obsession, technology excellence, and solving critical problems.

It is expected the new platform will have 10x the compute power, reduce bandwidth by a factor of 10, and lower costs for customers by up to 50% for multicamera installations, according to the announcement. Programmable solutions with a data-first approach and privacy-by-design ethic will shift control to customers in an industry struggling with security vulnerabilities and costly, closed architectures, according to an announcement.

The combination of Boulder AI hardware and Sighthound software is said to bring the first programmable VMS able to scale from the Cloud to server or the edge, turning all video streams into a network of sensors and actionable data for customers. Terms of the transaction were not disclosed. Computer vision specialist Sighthound has reached an agreement to acquire Boulder AI, a provider of smart cameras and edge computing solutions.

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