NICE Announces Strategic Relationship with Honeywell
NICE Systems, Ra'anana, Israel, announced a strategic supply relationship with Honeywell designed to capitalize on the growth opportunities NICE expects to result from its recent decision to acquire FAST Video Security AG, a Swiss-based developer of video systems for security and surveillance purposes. The newly aligned relationship will provide a broader range of solutions for the smart-based video IP market.
Through this relationship both companies will be able to provide smart IP-based digital video and content analytics solutions, derived from the combined portfolio of NICE and FAST solutions. The combined portfolio will provide an extended offering of video products and solutions covering video transmission/networking, recording, management, real-time detection and post-recording analysis.