Unleashing the Potential of Video Technology: Arcules and Milestone Systems Join Forces in a Merger Driven by AI-Powered VSaaS
Arcules, a cloud-based video surveillance solutions provider, has announced its merger with Milestone Systems, a video technology company. This partnership aims to create a comprehensive offering in the video technology market by combining the companies’ expertise in video management software, video analytics, and video surveillance as a service.
The VSaaS market is expected to grow in the coming years, with artificial intelligence playing a key role in unlocking new opportunities. By merging video management with the flexibility and scalability of the cloud, as well as utilizing AI technology, the companies aim to drive advancements in the VSaaS market. The CEOs of both Milestone Systems and Arcules believe that this merger will provide customers with a world-class offering that meets a variety of needs and offers greater freedom of choice.
Thomas Jensen, CEO of Milestone Systems, highlighted the strong partnership and common goals between the two companies, stating that by joining forces they can provide a unified solution to customers. Andreas Pettersson, CEO of Arcules, emphasized that the merger will accelerate growth and innovation, benefiting customers and partners alike. Together
