Q-SYS has announced a definitive agreement to acquire Seervision, a Swiss-based industry pioneer in AI-driven camera automation software.
The acquisition accelerates Q-SYS’ strategy to develop and deliver a scalable and flexible software platform with intelligent audio, video and control technology that supports integration with leading unified communications & videoconferencing applications in the era of post-pandemic hybrid work.
Joe Pham, chairman of the board & CEO, QSC, said: “The hybrid work phenomenon, ‘meeting equity’ requirements, multi-camera control and workflow automation, along with the use of artificial intelligence and machine learning for AV applications represent some of most dynamic and exciting opportunities today and into the future. AI technology leadership will be critical in defining and delivering on the next era of AV experience innovation, and we believe Seervision is a key technology pillar for enabling this future. This acquisition creates tremendous opportunities for Q-SYS and our partners to create and deliver extraordinary in-person, remote and hybrid collaboration experiences across many different markets and applications, now and in the future. We couldn’t be more excited for the opportunities ahead.”
As part of the transaction, the Seervision founders and team will be joining Q-SYS.
Jatan Shah, president and COO, QSC, said: “Making AV smarter by innovating at the software layer is part of our DNA. The Seervision team are proven innovators and best-in-class technical professionals with industry-leading experience and expertise in many strategic technology areas including video, computer vision & imaging, artificial intelligence/machine learning, motion prediction & real-time control, cloud & virtualization. The combination of Q-SYS and Seervision will bring the industry’s best engineering talent, technology and resources together to create a new class of high-performance AV solutions that set a new bar for our industry. I am beyond excited this impressive team will become part of Q-SYS, and together we are very well positioned to redefine intelligent video collaboration in multiple applications.”
Nikos Kariotoglou, co-founder and CEO, Seervision, said: “We are embarking on a thrilling journey as we unite with the Q-SYS team. We believe this acquisition signifies a pivotal moment in the AV industry’s evolution towards a future defined by intelligent and scalable AV software platforms. Together with Q-SYS, we envision an open ecosystem fostering innovation and delivering novel capabilities and solutions to our diverse markets and customers. Exciting times lie ahead, and we are ready to shape the future of AV technology.”
The transaction is expected to close within the next 30 days, subject to regulatory approvals and other customary closing conditions.