Cisco announces acquisition of Modcam

Cisco has acquired Modcam, a video analytics company headquartered in Malmö, Sweden, for an undisclosed amount.

In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and cloud-managed cameras.

Modcam has developed a solution that enables cameras to become even smarter. Cisco Meraki MV smart camera capabilities include motion detection and machine learning-based object detection, all of which run at the edge, in-camera.

Today, these analytics are constrained to a single camera’s view of the world. With Modcam’s technology, this micro-level information can be stitched together, enabling multiple cameras to provide a macro-level view of the real world.

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