News Articles by Sachin Murdeshwar by Sachin Murdeshwar Mumbai: Arecont Vision Costar, the world leader in megapixel cameras, today announced formally the appointment of Innowave IT Infrastructure Ltd., as their Regional Distributor for India. As Arecont Vision Costar’s primary channel partner in India, Innowave will strive to expand the market for its entire range of offering – Megaline. Contera and the Contera Cloud VMS offerings.
It has been an eventful few months for Arecont Vision, which has gone through Chapter 11 bankruptcy and, ultimately, was acquired by Costar Technologies Inc. What emerged is a new company, Arecont Vision Costar, poised for future growth unfettered by previous debt. For insights into what’s next for the newly minted company, we posed several questions to Jim Pritchett, CEO, Costar Technologies Inc., and Raul Calderon, President, Arecont Vision Costar.
Last week, a bankruptcy court approved the sale of Arecont Vision to Costar, a U.S. corporation that designs, develops, manufactures and distributes a range of video surveillance and machine vision products. Following the close of the sale, Arecont Vision began operating as Arecont Vision Costar LLC, and joined the existing Costar family of brands: CohuHD Costar, Costar Video Systems, Innotech and IVS Imaging.
Multisensor cameras have gained increasing popularity among end-users due to various reasons. When covering a wide area like a parking lot or warehouse, the user can just rely on one device with multiple sensors instead of purchasing several megapixel IP cameras that will cost more money. Installation and maintenance have also been simplified because of this.