JValley Software Solutions Acquires LENSEC
The companies have worked together on software code for many years.
JValley Software Solutions announced the acquisition on Aug. 10.
LENSEC, the manufacturer of Perspective VMS, has recently been acquired by JValley Software Solutions.
JValley software engineers have worked on software code with the LENSEC team for eight years, according to the company’s press release announcing the news. The teams have also been developing Perspective VMS into an enterprise-level video management software for application in the IP security video market.
“I see this step as a natural move that will aid in the continuous growth of both companies,” says Basheer F. Al Ghazawi, JValley chief executive officer and chairman of LENSEC. “LENSEC has secured a number of notable projects within the United States. JValley Software Solutions is a successful distributor of Perspective VMS in the Middle East and North Africa region. I believe as a cohesive team we will extend the global reach of Perspective VMS.”
LENSEC was established in 1998, while JValley was established in 2007. LENSEC contracted JValley back in 2008 to provide ongoing development resources, which LENSEC says resulted in a better video management software with powerful features.
Both companies will be attending ASIS 2016 at booth #3051.
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