Boulder AI Inc., an artificial intelligence-enable smart camera developer, will be acquired by Sighthound Inc., the Florida-based computer vision technology and video analytics company revealed this week.
The combined firm will bring to market a scalable video management system capable of turning “any video stream into a network of sensors and truly actionable data for customers,” according to a Sighthound news release.
Terms of the deal were not disclosed, and Sighthound representatives did not respond to requests for comment.
“We are bringing together two fantastic companies with shared values: customer obsession, technology excellence, and solving critical problems,” Sighthound CEO RJ Burnham said in a statement. “Together, our aim is to bring openness and programmability to VMS solutions, long seen as closed, proprietary, and inflexible. Our objective is to meet customers where they are, give them great technology that’s easy to deploy from a company with integrity and great support.”
Boulder AI founder Darren Odom will transition into the role of chief technical officer for Sighthound, and the entire Boulder-based team will be absorbed into the combined company.
“We are building a solutions portfolio that checks all the boxes: easy-to-use, open and programmable, edge hardware, web-based software, all harnessing advanced AI in a high-security cloud,” Odom said in a statement. “Our goal is to make customers feel there is an alternative to the way things have been done in the past.”
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