Irisity AB (publ) acquires Agent Vi, a leader in AI-powered video analytics.
Irisity AB (publ) has today entered into an agreement to acquire 100 percent of the shares of Agent Vi, a leading provider of AI-powered video analytics. The consideration of USD 67,5M will be paid partly in cash USD 8M and partly in Irisity shares USD 59,5M. The merger creates a global leader in advanced AI video analytics for security and surveillance with unrivaled capabilities and product portfolio.Agent Video Intelligence (Agent Vi), headquartered in Israel with offices in the United States and Singapore, is a leading provider of AI-powered video analytics solutions operating worldwide