Motorola Solutions Venture Capital will exit video data platform BriefCam in an acquisition of undisclosed size by Canon.
Imaging technology producer Canon agreed on Wednesday to acquire Israel-based video analytics technology provider BriefCam, in a deal that will enable communications equipment maker Motorola Solutions to exit.
Financial terms have not been revealed and the deal is subject to customary closing conditions. The company had revealed $9.1m in funding since 2007 when it was spun out of Hebrew University of Jerusalem.
BriefCam has developed a platform called Video Synopsis that extracts quantitative information from videos. It detects potential threats…
