Milestone Systems and Arcules join forces

August 2024 News & Events, Surveillance

Global video technology company Milestone Systems has announced that, effective 1 July 2024, it will merge with Arcules, a cloud-based video surveillance solutions provider.

The merger combines Milestone and Arcules’ capabilities within video management software (VMS), video analytics and video surveillance as a service (VSaaS), providing a complete video technology offering.

The VSaaS market is predicted to experience exponential growth within the following years, and artificial intelligence (AI) is creating new possibilities that were not possible just a year ago. By adding Arcules to Milestone’s product line, the company is optimally positioned to lead the video technology software industry.

With the rise of AI, joint companies have the potential to derive insights from video data and support decision intelligence. The merger offers an ability to exploit the rapidly changing AI landscape from on-premises to cloud, and both Milestone and Arcules are advanced in working with video analytics.

Based in Irvine, California, U.S., Arcules was spun from Milestone in 2017. The decision to reunite the companies is driven by a shared vision to deliver intelligent, data-driven video technology that empowers customers to make better decisions and optimise their operations.

Common DNA

Thomas Jensen, CEO of Milestone Systems, said: “Milestone and Arcules have a strong existing partnership and a common DNA. By uniting and working as one, we can provide a world-class offering that suits many different needs and gives customers greater freedom of choice. As one company, we will shape the future of open-platform video technology.”

Andreas Pettersson, CEO of Arcules, said: “This merger will accelerate our growth and innovation, delivering greater value to our customers and partners. Together, we are committed to realising our vision of empowering people, businesses, and societies through intelligent video solutions.”

The merger is scheduled to be finalised by the end of 2024.


Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Highest increase in global cyberattacks in two years
Information Security News & Events
Check Point Global Research released new data on Q2 2024 cyber-attack trends, noting a 30% global increase in Q2 2024, with Africa experiencing the highest average weekly per organisation.

Read more...
The power of PKI and private sector innovation
Access Control & Identity Management News & Events Government and Parastatal (Industry)
At the recent ID4Africa 2025 Summit in Addis Ababa, the spotlight was firmly on building secure, inclusive, and scalable digital identity ecosystems for the African continent.

Read more...
Bosch Security renamed Keenfinity
News & Events
Globally renowned brands for video systems, access control and intrusion alarm systems, as well as communication systems, unite under the roof of the new company Keenfinity Group.

Read more...
2025 video surveillance market set for improved fortunes
News & Events Surveillance
Novaira Insights has unveiled its latest report, World Market for Video Surveillance Hardware and Software – 2025 Edition, forecasting a healthy growth rate of 8,1% until 2029, excluding China.

Read more...
Wialon announces integration with fleet maintenance and optimisation platform
News & Events Transport (Industry) Logistics (Industry)
Fleet management software platform integrates with a fleet maintenance and optimisation platform to support mutual customers for better workflows and deeper insights into fleet operations.

Read more...
DeepSneak deception
Information Security News & Events
Kaspersky Global Research & Analysis researchers have discovered a new malicious campaign which is distributing a Trojan through a fake DeepSeek-R1 Large Language Model (LLM) app for PCs.

Read more...
Almost 50% of companies choose to pay the ransom
News & Events Information Security
This year’s Sophos State of Ransomware 2025 report found that nearly 50% of companies paid the ransom to get their data back, the second-highest rate of ransom payment for ransom demands in six years.

Read more...
Value and industry insight
Securex South Africa Training & Education News & Events
Securex South Africa 2025, co-located with A-OSH EXPO, Facilities Management Expo, and Firexpo, drew thousands of security professionals from across the continent and beyond, offering a platform for networking, product discovery, and knowledge sharing.

Read more...
Gallagher Security achieves ISO 27001 recertification
News & Events Training & Education
Gallagher Security has successfully achieved certification to the updated ISO/IEC 27001:2022 standard for Information Security Management Systems (ISMS). This accomplishment builds on previous certifications and reflects a continued commitment to the highest standards of information security.

Read more...
Survey highlights cost of cyberdamage to industrial companies
Kaspersky Information Security News & Events
The majority of industrial organisations estimate their financial losses caused by cyberattacks to be over $1 million, while almost one in four report losses exceeding $5 million, and for some, it surpasses $10 million.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.