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In December 2012, the company acquired Lorex Technology for $60 million. [37] 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 2008, Dahua Technology undertook its initial public offering on the Shenzhen Stock Exchange. [10] 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 ...
Dennis Bennie is an entrepreneur and early-stage investor based in Toronto, Canada.He co-founded Mission Electronics in 1979; co-founded Aviva Software in 1982; co-founded Delrina in 1988; raised two venture funds under XDL Group and is currently a mentor, advisor and angel investor to early-stage technology companies.
Within days, it became the most downloaded app in Apple's App Store and stirred concerns about United States' lead in AI, sparking a rout that wiped around $1 trillion off U.S. technology stocks.
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