Transform-X Acquires RVision, Inc. and enables 5G
Post# of 301275
TUCSON, Ariz., Nov. 03, 2017 (GLOBE NEWSWIRE) -- RVision, Inc. a global physical security solutions provider to government and private sectors, announced that it has been acquired by Transform-X, a US-based privately held company which owns operating and innovation R&D subsidiaries which bring advanced waveform, software and hardware technologies to drive future evolutions in high-capacity terrestrial wireless, satellite, broadcast and other RF communications.
The transaction is highly synergistic and will provide exciting opportunities for RVision to integrate these disruptive communications technologies into its own innovative new capabilities and designs, and offer state-of-the-art, stand-alone products to the security industry.
“We are very excited to bring the RVision team onboard and begin integrating our disruptive technologies into their sensor and surveillance product portfolios,” said Dan Hodges, Transform-X CEO. “Our combined efforts and technologies will offer new and more effective ways to address the critical challenges of delivering the highest quality video, sensor and situational awareness data within both wired and wireless networking applications. Transform-X offers the expertise, technology and financial resources to take RVision to a new level, while providing improved support to existing RVision customers, and furthering our combined technology leadership position into the security and surveillance markets.”
Brian Kelly, RVision CEO, “We are pleased to announce the acquisition of RVision and our new partnership with Transform-X. We would like to thank all of our highly valued customers and partners for their ongoing support and we look forward to sharing more exciting developments in the months ahead.”
About TRANSFORM-X, INC. Transform-X is a communications company dedicated to procuring and developing disruptive, market dominating technologies for the fifth generation (“5G”) and far beyond.
About RVISION, INC. RVision is a manufacturer of environmentally hardened sensor products and physical security solutions to government and private sectors. It has developed environmentally-rugged, pan/tilt/zoom optical and infrared cameras, hardened processors, custom tactical video hardware, software solutions, and related technologies. Products include infrared and daylight optical dual sensors, scene awareness detection algorithms, and all-weather, multiple-sensor surveillance platforms with the ability to pan/tilt/zoom in all directions; stationary and “on-the-move”.
www.transform-x.com
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