ChapsVision, the data processing and enhancement specialist, has announced the acquisition of ACIC, the Belgian specialist in video recognition-based security solutions and its first acquisition in Europe
The ChapsVision Group, the French data processing specialist, has acquired the Belgian expert in artificial intelligence applied to video processing. This strategic transaction marks a new stage in the continued growth of the ChapsVision Group and strengthens the capacity of Argonos, its platform for the massive processing of heterogeneous data.
Since its inception in 2003, ACIC has demonstrated robust expertise in video signal processing. ACIC is a spin-off from a research centre (MULTITEL) and university laboratories (UCLouvain, UMons) with which it continues to be involved in innovative projects. Their teams are experts in intelligent camera analysis and video processing technologies. ACIC is responding to the need for video surveillance automation, which has become essential for sensitive sites, critical infrastructures and urban video surveillance. It offers a full range of proven software for intelligent video surveillance, enabling sites to be secured, intrusions and raids to be detected, and vehicles to be counted. ACIC distinguishes itself from traditional image analysis solutions by offering more advanced functionalities that incorporate artificial intelligence technologies, such as Deep Neural Networks.
ChapsVision confirms its ambition to become the European sovereign leader in the mass processing of heterogeneous data integrating intelligent video surveillance processing.
This acquisition combines ACIC’s in-depth knowledge of image processing with the technological capabilities of the ChapsVision Group.
This integration heralds future developments in the sector, where video processing integrated with data analysis platforms offers added value for securing major upcoming events. It also makes it possible to address the needs of companies with high security requirements as well as public administrations (Security, Defence) sensitive to issues of sovereignty, surveillance of their sites, and protection of their employees and citizens.
Olivier Dellenbach, CEO of ChapsVision, added: “The integration of ACIC into our sovereign data analysis platform fits perfectly with our vision of developing new services for our customers. Artificial Intelligence applied to video processing is a new strategic asset for the group, which complements the technological capabilities of our heterogeneous data exploitation system.“
“We are delighted to see ACIC joining a group with strong European sovereign ambitions. By joining forces with ChapsVision, they will together be able to offer the European market genuine expertise in AI, combining mastery of natural language processing (NLP) with mastery of video processing,” adds Jérôme Hanoteau, Director of ACIC.
“The ACIC team is delighted to be joining the ChapsVision group. While retaining its close links with the universities of Mons and Louvain, this integration will enable it to increase its development, take on new challenges and integrate into new products, in the hope of providing the group with complementary data analytics technologies for sovereign solutions at European level,” explains Joël Hancq, Director of Multitel, Innovation Centre.
As a specialist in sovereign data processing, ChapsVision enables companies and public authorities to succeed in their digital transformation and create value, thanks to a software suite built around its system for exploiting massive, heterogeneous data.
Through major R&D investments in massive data processing, complemented by a sustained strategy of acquisitions and international expansion, ChapsVision has rapidly built up a coherent group comprising two branches addressing sectors with a high data footprint: one dedicated to customer engagement with enterprises, and the other offering sovereign solutions dedicated to cyber intelligence and cybersecurity for the defense, intelligence and security markets.
Founded in 2019, ChapsVision has nearly 600 employees, 600 key account customers, and is targeting sales of €180m in 2023.
ACIC has been based in Mons, Belgium since 2003. A pioneer in video analysis since its inception, the company offers a range of high-performance, innovative software solutions for intelligent video surveillance. ACIC’s hardware offer combines high computing power with image analysis enhanced by artificial intelligence and the use of neural networks (Deep Neural Network) to provide greater functionality (detection of people, intrusion, vehicle counting, securing sensitive sites, thermal analysis, etc.). ACIC has met the needs of numerous European transport companies (airport, rail and maritime) and sensitive sites.
For more information: https://www.acic.eu/