Tag: Costar
Mace Security sells IVS
November 9, 2011Martha Entwistle
COPPELL, Texas—Mace Security on October 27 announced the sale of IVS to Costar Video Systems, which is based here. IVS is a distributor of high-end digital and machine vision cameras and professional imaging components, which has been in business since 1989.Costar paid $517,000 cash at closing plus an additional $100,000 consideration payable if certain revenue levels are achieved by Costar in the first 90 days following the sale.Jim Pritchett, CEO of Costar, said his security operation benefits...