Bosch Building Technologies Invests in the Israeli Start-up AnyVision

The Bosch Building Technologies division is partnering with AnyVision Interactive and acquiring a 9 percent stake in the Israeli AI-based person- and object-recognition start-up. It has been agreed that the purchase price will not be disclosed. The agreement provides both for the acquisition of a stake by Bosch and a sales and technology partnership.

“In the market for IP video surveillance, one of the main USPs of Bosch Building Technologies is Intelligent Video Analytics, which allows video data to be interpreted quickly and simply. AnyVision’s innovative technology, which makes it possible to identify persons and objects from various angles, will be a significant addition to the portfolio of solutions we already offer as a result of IP partnerships in this area,“ says Bernhard Schuster, member of the executive management of Bosch Building Technologies.

“This three-part agreement is an important step in our mission to shape the future of AI, and we are proud to have the Bosch Building Technologies division as our partner as we aim to create a safer and better tomorrow,“ says Eylon Etshtein, the AnyVision co-founder and CEO.