logo
Share SHARE
FONT-SIZE Plus   Neg

SerVision, Deutsche Telekom Enter Frame Agreement - Quick Facts

SerVision Plc (SEV.L), a developer and manufacturer of digital security systems, has reached a Frame Agreement for the supply of Goods and/or Services with Deutsche Telekom AG (DTEGY.PK). SerVision has been added to Telekom's partner program. Initially, SerVision's solutions would be used by Telekom for homeland security projects within the transport and logistics industry in Germany and would be offered to Telekom's business partners.

The products being supplied for use in Telekom's projects comprise different model video gateways, including SerVision's flagship line of mobile recorders/transmitters that offer real-time video monitoring solutions from vehicles and remotely located sites. Also, SerVision would supply its new enterprise-level Video Management Software, SVControlCenter, for use by either Telekom or its affiliates.

The full package solution offered by SerVision and Telekom would consist of M2M data plans for each of the SerVision gateways supplied, and a range of other hardware and services including modems, cameras, monitoring services, installation, maintenance and support. The companies are in the process of finalising a business plan for the German market.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Google is planning to significantly expand a carpool service on its navigational app Waze, according to a report in the Wall Street Journal. The move indicates the company is edging closer to a potential clash with ride-hailing service Uber Technologies Inc. Private equity firm Sycamore Partners has won the bankruptcy auction for the e-commerce business and intellectual property of U.S. women's apparel retailer The Limited with a bid of $26.8 million, Reuters reported, citing people familiar with the matter. A U.S. bankruptcy court judge must now approve the sale to Sycamore Partners. French telecommunications operator Orange SA reported Thursday higher net profit in its fiscal year 2016 mainly on income from discontinued operations. Operating income, meanwhile, declined, despite increased revenues. For fiscal 2017, the company projects higher adjusted EBITDA, a key earnings metric.
comments powered by Disqus
Follow RTT