Vigilant Technology
Encyclopedia
Vigilant Technology is a provider of intelligent IP surveillance and security solutions. The company develops and manufactures digital recording
systems, video content analysis
and control center solution
s. Vigilant supports tens of thousands of cameras in airports, governmental sites, financial institution
s, correctional facilities, casinos, city centers and more.
Vigilant was the first company ever who performed video compression in DVD quality over DSP (Digital Signal Processor).
The Founders and a group of private investors provided seed capital for the Company which initially (during 1999 and 2000) focused primarily on research and development. The Company made its first sale in late 2000. Its development was significantly accelerated when it was selected by Pelco, a US based leader in the design, development and manufacture of video security equipment for a broad range of industries and applications, as a supplier of high-end premium solutions to complement Pelco’s own equipment range.
The Company raised further capital in two rounds in 2000 and in 2002. The Company also received a US $2.1 million grant from the Chief Scientist Fund in Israel to assist with research and development costs.
In December 2005 the company raised £10 million and listed on the London Stock Exchange
under the ticker symbol
VGT.
Since November 2008, Vigilant Technology is a wholly owned subsidiary
of BATM Advanced Communications
.
Digital recording
In digital recording, digital audio and digital video is directly recorded to a storage device as a stream of discrete numbers, representing the changes in air pressure for audio and chroma and luminance values for video through time, thus making an abstract template for the original sound or...
systems, video content analysis
Content analysis
Content analysis or textual analysis is a methodology in the social sciences for studying the content of communication. Earl Babbie defines it as "the study of recorded human communications, such as books, websites, paintings and laws."According to Dr...
and control center solution
Solution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...
s. Vigilant supports tens of thousands of cameras in airports, governmental sites, financial institution
Financial institution
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries...
s, correctional facilities, casinos, city centers and more.
History
Vigilant was founded in February 1999 by Adi Pinhas (now with http://www.superfish.com), Ronen Saggir and Yoram Sagher. Their vision was to establish a company to develop surveillance products based on digital video, which would convert analogue video into a digital format, allowing the user to compress it, store it and retrieve the images in electronic format. The Company was a pioneer in this technology of digital video recording.Vigilant was the first company ever who performed video compression in DVD quality over DSP (Digital Signal Processor).
The Founders and a group of private investors provided seed capital for the Company which initially (during 1999 and 2000) focused primarily on research and development. The Company made its first sale in late 2000. Its development was significantly accelerated when it was selected by Pelco, a US based leader in the design, development and manufacture of video security equipment for a broad range of industries and applications, as a supplier of high-end premium solutions to complement Pelco’s own equipment range.
The Company raised further capital in two rounds in 2000 and in 2002. The Company also received a US $2.1 million grant from the Chief Scientist Fund in Israel to assist with research and development costs.
In December 2005 the company raised £10 million and listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
under the ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...
VGT.
Since November 2008, Vigilant Technology is a wholly owned subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of BATM Advanced Communications
BATM Advanced Communications
BATM Advanced Communications Ltd. is a technology company principally engaged in development, production and marketing of data and telecommunication products in the field of local and wide area networks, as well as the development, production and distribution of laboratory diagnostic equipment in...
.