Agent Video Intelligence (Agent Vi) has announced that it has entered into an agreement for its sale to Irisity (Iristy AB), a Sweden-based publicly listed AI video analytics company, for a total consideration of approx. US$ 67 million in cash and shares of Irisity.
Irisity, founded in 2008, develops and markets video analytics software products for improved security and surveillance, and is publicly listed in the Nasdaq First North Growth market in Stockholm, Sweden.