Xtralis Acquires HeiTel
Xtralis is pleased to announce the acquisition of Germany-based HeiTel Digital Video GmbH. This acquisition enhances significantly Xtralisí position as the premium manufacturer of video surveillance and central monitoring solutions globally.
HeiTel is based in Molfsee, near Kiel in northern Germany. The company was founded in 1990 and has developed into the dominant central monitoring solutions provider in Germany and a significant player in the European security market. There are more than 70,000 HeiTel systems installed worldwide.
The HeiTel team is engaged in the design, development and sale of video monitoring technology including:
- Digital video remote transmission via computer networks
- Digital recording integrated into their video transmission concept for local long-term storage
- Integration of video receiver technology into security monitoring centres, emergency call and serviced centres
HeiTelís executive team will continue to manage the HeiTel business reporting directly to Samir Samhouri, CEO Xtralis. The Intelligent Remote Monitoring market is one of the fastest growing segments of the maturing video surveillance market due to quickly advancing technology and industry standards. Intelligent Remote Monitoring provides proactive protection through video verified alarms and controlled response at much lower annual costs than alternative solutions.
Like ADPRO by Xtralis, HeiTel has a very strong presence with Central Monitoring Stations. By joining forces Xtralis and HeiTel will provide a complete Intelligent Remote Monitoring platform including video verification, analytics and perimeter protection to the global market. The addition of HeiTel will help the Xtralis group of companies excel and expand in the early detection marketplace in both geographic areas and market segments. The HeiTel and ADPRO product offering, channels, and geographic presence complement each other. This acquisition will not impact the current operating model, channel or go to market strategy of HeiTel. The HeiTel management team will continue to manage and direct the operations and strategy of the business for the foreseeable future. Xtralis intends to help HeiTel improve the services provided to the HeiTel customers through additional investment that Xtralis will be making over time in the infrastructure of HeiTel. Xtralis and HeiTel will both work to expand the awareness of the intelligent remote monitoring technology but will operate as two separate business entities working with their respective channel partners.