Atos announces acquisition of Ipsotek

Atos has just announced an agreement with AI enhanced video analytics software provider, Ipostek to add key software capabilities and IP to its solutions portfolio.

Ipsotek offers a scalable platform, VISuite, enabling users manage automatically-generated alerts in real-time, and can be used across a range of use cases including crowd management, smoke detection, intrusion detection, perimeter protection, number plate recognition and traffic management. 

“With this strategic move, Atos is reinforcing its leading position in Edge and Computer Vision and complementing its existing end-to-end offering in Edge AI/ML. Ipsotek’s extensive experience, its highly skilled experts and powerful product suite will strengthen the Atos teams and create a truly unique offering on the market,” said Pierre Barnabé, Senior Executive Vice President, Global Head of Big Data & Security at Atos.

“We are excited to join forces with Atos and are confident that our combined capabilities offer significant value to our respective clients. We look forward to creating a great success story together,” said Boghos Boghossian, CTO and Co-founder of Ipsotek.

The closing of the transaction is expected to take place in Q2 2021.


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