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In 2018, Dahua acquired security video camera company Lorex. [11] [12] By 2019, following the rollout of the Chinese government's "Sharp Eyes" surveillance program, Dahua had grown to become the second largest video surveillance company in the world. [5] Dahua is a provider of a suite of digital Smart City products which are marketed for "Safe ...
Lorex was sold to Dahua Technology in 2018 for $29 million. [38] In May 2013, Andrew C. Teich was appointed President & CEO after the retirement of Earl Lewis. [39] [21] In April 2015, the company paid $9.5 million to settle allegations of violations of the Foreign Corrupt Practices Act after it paid for a world tour for Saudi Arabian officials
Company Business Country Value References 1 16 November 2001 Plazmic Inc. Software Canada: Undisclosed [1] 2 7 August 2002 TeamOn Systems Inc. Software provider United States: Undisclosed [2] 3 22 February 2005 Nextair Inc. Mobile app design studio and apps Canada: Undisclosed [3] 4 10 March 2006 Ascendent Systems
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Although some state-owned companies do hold shares in Dahua (a public company), that does not make Dahua a "state-owned enterprise" or a "partly state-owned" company by any definition (see this document from the IMF, specifically the first footnote, for how a SOE is defined). This was addressed in an old discussion at the time the edits were ...
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