SAN JOSE, Calif., 13 July 2006. RAE Systems Inc., a global developer and manufacturer of rapidly deployable, multi-sensor chemical and radiation detection monitors and networks for homeland security and industrial applications, has purchased the assets, including two pending patents, of Santa Clara, Calif.-based Aegison Corporation, a supplier of fixed and mobile digital video surveillance systems, for $2 million in cash.
"Having partnered with Aegison, we developed a deep understanding of the competitive advantages for an integrated digital video surveillance and wireless sensor solution," says Robert Chen, RAE Systems chief executive officer. "Recognizing this advantage, we seized the opportunity to secure the technology exclusively for RAE Systems. The purchase of Aegison reaffirms our commitment to the security market and broadens our offering, enabling us to provide security and safety solutions that deliver both real-time sensor data and visual records of events."
Aegison is a global provider of digital surveillance solutions for security applications and environments, including large-scale mobile deployments. Aegison video systems provide digital surveillance and back-end management solutions which include mobile embedded digital video recorders, wireless video transmitters with vehicle positioning systems, and central security data management servers.
All of the U.S.-based employees have been offered positions at RAE Systems headquarters in San Jose, Calif.
