BriefCam, a spinout from Hebrew University, has agreed to be acquired by Canon for an undisclosed amount, providing an exit to investors including Motorola.
BriefCam, an Israel-based video analytics technology spinout from Hebrew University of Jerusalem, agreed to an acquisition by camera and imaging technology producer Canon on Wednesday.
Financial terms have not been revealed. The deal is subject to customary closing conditions.
Founded in 2007, BriefCam has developed technology, dubbed Video Synopsis, to extract quantitative information from videos. The platform detects potential threats and is aimed at law enforcement and other clients, such as governments, that have a need for security surveillance.
The…