Digital Monitoring Products (DMP) announced a strategic investment in iENSO, a developer and supplier of intelligent and connected embedded vision platforms, positioning company for growth in the rapidly expanding commercial and residential video security market.
“We’re excited about iENSO joining the DMP family as they will help us deliver an even more comprehensive and highly integrated range of video products to our dealer network,” stated Rick Britton, CEO of DMP. “With iENSO, we will provide our dealers with the most innovative video security solutions in the market.”
The transaction provides iENSO with access to DMP’s extensive North American manufacturing resources, expertise and dealer network, facilitating accelerated growth and the ongoing development of camera products, cloud services and sensing solutions for all its core markets, according to the announcement.
Founded in 2003, iENSO is the embedded vision collaboration partner for major international brands, including several Fortune 500 companies. The company designs, builds and integrates custom vision and multi-sensor systems for businesses that require cameras, sensing capability, image processing, Edge AI and cloud services capabilities in their products.
With iENSO, brand owners can embed intelligent data extraction and analysis, protected by cybersecurity technology, to support real-time decision making at the edge. This extends from appliances and devices around the home, to a range of commercial applications, including smart agriculture, surveillance and security.
“This relationship [with DMP] will allow us to more effectively deploy our camera and cloud solutions in security while continuing to give us the flexibility to expand in other markets that require best in class imaging solutions,” said Sebastien Dignard, president of iENSO.
Terms of the transaction were not disclosed.
Based in Springfield, Mo., DMP is a family-owned independent manufacturer of intrusion, fire, access control and cellular alarm solutions.