The VITAPROTECH Group continues to develop its security software solutions and strengthens its Smart Monitoring division through the acquisition of FOXSTREAM.
Founded in 2004, FOXSTREAM is a French software publisher specializing in real-time video content analysis and video management system (COSSILYS21) in the banking industry.
The FOXSTREAM solutions have the advantage of extracting, transmitting and storing relevant information from video images, for perimeter protection (intrusion), flow management (counting, waiting time…) or video protection.
Integrable with leading industry supervision software, FOXSTREAM solutions enable users to increase the efficiency of their video system while reducing their operating costs.
FOXTREAM is today a leading player in France in the protection of sensitive sites. The company relies on a network of about ten distributors and numerous integrators in France and abroad. In particular, it is present in a large part of Europe, where it continues to develop.
With the strength of the VITAPROTECH Group, FOXSTREAM will have the means to continue investing in the search for innovative technological solutions that respond to the challenges and changes of the security markets, as well as to accelerate its development in France and internationally. This acquisition strengthens the VITAPROTECH group’s offer of unified security. In the “Smart Monitoring” division, FOXSTREAM perfectly complements the expertise already in place at PRYSM SOFTWARE (PSIM platform), ESI (remote monitoring) and RECAS (web video surveillance). The merger is actively supported by the managers of the two companies and by EURAZEO (through its Smallmid Buyout business), which has been a majority shareholder of the VITAPROTECH Group since July 2018. Jean-Baptiste DUCATEZ, CEO and founder of FOXSTREAM, remains at the helm of the company in a strong relationship with its customers.
Jean-Baptiste DUCATEZ, CEO of FOXSTREAM:
« I have known Eric THORD for over 10 years. A few years ago, he had already offered to join the VITAPROTECH group. Eric THORD has great ambitions and plans to make VITAPROTECH a European leader in security technologies. And given how far this group has come in the last 10 years, there is no doubt that it will succeed. I believe in this project, it has seduced me, and it will be a chance for FOXSTREAM to participate, and to bring its expertise in the video field. »
Eric THORD, President of VITAPROTECH:
« VITAPROTECH and FOXSTREAM are two security actors who know each other very well; and not only because the companies are present on the same site of Vaulx-en-Velin (near Lyon, France). For more than 15 years now, technological collaborations have been taking place with SORHEA, a company in the group
specialized in perimeter intrusion detection. FOXSTREAM’s expertise perfectly complements VITAPROTECH’s smart video skills and takes us one step
further towards future technologies such as deep learning and the cloud. The strength of FOXSTREAM’s young and R&D-oriented teams is fully in line with the group’s philosophy of
innovation and excellence. There is no doubt that they will integrate perfectly with the other development teams, which now represent more than a hundred employees».
About VITAPROTECH Group
Supported by EURAZEO PME since July 2018, the VITAPROTECH group includes manufacturers SORHEA and PROTECH in intrusion detection, TIL TECHNOLOGIES, ARD, TDSI and VAUBAN SYSTEMS in access control and finally PRYSM, ESI, VIDEOWAVE, RECAS and GS4 in intelligent monitoring and video. VITAPROTECH is pursuing a development strategy in France and internationally in the building security market with the aim of strengthening its presence in the intrusion and access control segments. The Group has a turnover of around €81m and employs 430 people in 11 locations around the world
FOXSTREAM is an innovative software publishing company, specialized in video management and analysis, founded in 2004. Based in Lyon, it is now a team of about thirty people.
Thanks to its R&D center, and close links with the CNRS and academic laboratories, FOXSTREAM has become, in 15 years, a reference in the field of site protection via video analysis.
There are several thousand sensitive sites, in France and abroad, that are now secured by FOXSTREAM solutions. They are also, in the banking market, several thousand agencies equipped with video protection systems, on site or in the cloud, combined with very advanced cybersecurity functions. FOXSTREAM also has a Deep Learning Flow Management offering: counting of people, attendance rates, estimation of waiting time in a queue, etc. for public building (banks, shops, airports, museums, etc.).
EURAZEO is a leading global investment group, managing €27 billion in diversified assets, of which €19.2 billion is for third parties invested in a portfolio of 450 companies. With its expertise in private equity, private debt and real estate and infrastructure assets, the group supports companies of all sizes, bringing to their development the commitment of its nearly
300 employees, its deep industry experience, its privileged access to global markets, and its responsible approach to value creation based on growth. Its institutional and family shareholding, its solid financial structure without structural debt and its flexible investment horizon allow it to support companies in the long term. EURAZEO has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, Singapore, London, Luxembourg, Frankfurt, Berlin, Milan and Madrid. EURAZEO is listed on Euronext Paris.
www.eurazeo.com/fr – ISIN : FR0000121121 – Bloomberg : RF FP – Reuters : EURA.PA