SeeTec on course for growth with new structure
With the acquisition of a majority stake in SeeTec by On-Net Surveillance Systems (OnSSI), a new global player in the field of video management software was formed in April of this year. Now the two companies are on course for growth.
By exploiting synergies in the area of technology and the possibility of providing even better support for international customers and partners, the merger has created the basis for future joint growth. This positive development is now being accelerated by additional funding of EUR 2 million. This will enable further investments, particularly in the area of technology, which will have an equal impact on products and solutions and thus promote the success of the group on a global level, as the two suppliers sum up.
As part of the OnSSI-Group has the SeeTec in Germany changed its legal form from a stock corporation to a GmbH (limited liability company) at the beginning of September. Within the Group, this step leads to simplified structures and enables even more efficient cooperation.
SeeTec GmbH is headed by Stephan Rasp and Andreas Beerbaum as managing directors. With these measures, says Rasp, SeeTec is well positioned for the challenges in the global market: "The additional commitment of our financial partner, who has accompanied us for years, enables us to take important steps faster and thus lay the foundation for further growth. In particular, the expansion of personnel in software development that has already begun will allow us to rapidly advance our products so that, as the technology center of the OnSSI Group, we can continue to offer our customers groundbreaking solutions of professional quality in the future."
