IPVideo Corp. acquires Vuro Technologies
BAY SHORE. N.Y. (PRWEB) DECEMBER 12, 2022 -- IPVideo Corporation today announced it has acquired the assets of Vuro Technologies, a leader in AI-enabled driver and fleet vehicle monitoring and safety. The technology will be rebranded as VuroAI and complements IPVideo Corporation's extensive product portfolio of unique event-driven AI security and safety solutions that utilize video, audio and sensor technology to effectively mitigate false positives, confirm incidents, accelerate response and deliver long term actional intelligence.
The acquisition allows for an exciting opportunity for IPVideo’s national sales channel to strengthen and expand its service offerings and enhance product capabilities. Vuro Technologies is best recognized for using cutting-edge technology to improve the safety and efficiency of the operation of public agency, commercial and private fleets with their Vuro Fleet Telematics Solution.
“Our customers and dealers have been asking us for security services for vehicles and with the addition of VuroAI to our product portfolio, we are now able to fulfill that need,” said IPVideo Corporation President, David Antar. “VuroAI is a comprehensive solution that employs IoT and AI technology to monitor driver behavior, in-vehicle performance, and real-time GPS tracking. It offers the right tools for fleet managers to prevent incidents, coach and reward drivers to avoid dangerous behaviors, protect and exonerate drivers from unjust accident claims, and maintain the organization’s reputation. Safer driving ultimately benefits all road users.”
“VURO Technologies is delighted to become part of the IPVideo renowned family of products that work to keep the world smarter and safer,” said Heng Hu, CTO at VURO Technologies. Combining our expertise presents an opportunity to deliver quality fleet telematics technology to an expanded customer base worldwide.”
VuroAI delivers unique insight to keep fleets productive and profitable. The system can autodetect distracted driving behaviors, harsh vehicle maneuvers and a host of vehicle operating parameters. Depending upon the severity, these alerts can be announced audibly to the driver, uploaded to the cloud for driver coaching, or sent via email. Its real-time data is uploaded to the cloud to support a variety of analyses such as fleet utilization, preventative maintenance, route optimization, fuel usage, and more.
VuroAI, currently direct purchased from IPVideo Corporation, will be available to distribution in 2023. For more information on VuroAI, visit http://www.vuroai.com.
