Indianapolis, IN (PRWEB) March 9, 2011
DIGIOP Technologies, a developer of video and data management software (VDMS) solutions for the surveillance industry, today announced that an investor group led by The Carlyle Group, a global alternative asset manager, has acquired the Indianapolis-based company. Terms of the transaction, which closed on March 1, were not disclosed.
“Carlyle’s acquisition of DIGIOP is a testament to the value of our technology, our people, our partnerships, and our ability to compete in the fast-growing IP security industry,” said Rich Mellott, President of DIGIOP. “The capital and expertise that this investment team offers will enable us to expand our software development efforts, and deliver even more value and support to our customers.”
“We are pleased to support Rich and his management team in this next stage of growth,” said Carlyle Managing Director Steve Bailey. “DIGIOP has an extremely loyal, rapidly growing customer base and a proven technology deployed in a variety of vertical market applications. With this investment, DIGIOP will add the sales, marketing, technical support and order fulfillment capabilities required to effectively support them.”
DIGIOP plans to launch the next generation of their powerful client software, Reflection™, this spring - and to add a line of cameras to the company’s product portfolio to complement DIGIOP’s suite of video and data management solutions.
DIGIOP also announced the company’s plans to re-launch their Certified Integration Partner (CIP) program in the spring. “We are committed to offer our reseller partners the absolute best value in the industry,” Mellott added, “including technology leadership and product differentiation, enhanced field and technical support, and the marketing support that enables our partners to grow their business.”
For more information call 1-800-968-3606 or email sales(at)digiop(dot)com.
DIGIOP Technologies is an agile software company that provides intelligent visual integration to business systems by focusing on innovative ways to utilize video as data. By combining the power of video with information from back-office systems, DIGIOP extends the value of video beyond the traditional surveillance benefits of loss prevention, risk management, and security. DIGIOP solutions provide real-time and recorded, video-enhanced business intelligence for operations, marketing, and merchandising, and information technology groups. A Microsoft Certified Partner, DIGIOP was founded in 2001 and is headquartered in Indianapolis, IN.
For more information about DIGIOP, please visit http://www.digiop.com.
About The Carlyle Group
The Carlyle Group is a global alternative asset manager with $97.7 billion of assets under management committed to 76 funds as of September 30, 2010. Carlyle invests across three asset classes - private equity, real estate and credit alternatives - in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. Since 1987, the firm has invested $64.7 billion of equity in 1015 transactions. The Carlyle Group employs more than 900 people in 19 countries. As of June 30, 2009, in the aggregate, Carlyle portfolio companies have more than $84 billion in revenue and employ more than 398,000 people around the world.
*EDITORS' NOTE: Electronic files and photos are available upon request by emailing Andy Weixler, marketing manager at aweixler(at)digiop(dot)com.
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