Arecont Vision
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{{promotional|date=December 2018}}
{{Primary sources|date=February 2012}}
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{{Infobox company
| name = Arecont Vision Costar, LLC
| logo =
| logo_size = 250px
| caption =
| type = Private
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| fate =
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| foundation = Los Angeles, California, U.S. ({{Start date|2003}})
| founder = Michael Kaplinsky
Vladimir Berezin
| defunct =
| location_city = Glendale, California
| location_country = United States
| location =
| area_served = Worldwide
| key_people = Scott Switzer,
Interim President & CEO,
Costar Technologies, Inc.
| industry = Security
| products =
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| parent = Costar Technologies, Inc.
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| homepage = {{URL|www.arecontvision.com}}
| intl =
}}
Arecont Vision is an LLC based in Glendale, California, United States. The company manufactures video surveillance products.Bloomberg Businessweek. "[https://archive.today/20120712104424/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=9637761 Company Overview of Arecont Vision LLC]." Retrieved Apr 13, 2012. In mid-2018, it went through Chapter 11 bankruptcy and was later acquired by Costar Technologies.
History
Arecont Vision Holdings, LLC was founded in 2003 by Michael KaplinskyBloomberg Businessweek. "[http://investing.businessweek.com/research/stocks/private/person.asp?personId=54161555&privcapId=9637761&previousCapId=9637761&previousTitle=Arecont%20Vision%20LLC Michael Kaplinsky]{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}." Retrieved April 4, 2012. and Vladimir BerezinBloomberg Businessweek. "[http://investing.businessweek.com/research/stocks/private/person.asp?personId=44677310&privcapId=9637761&previousCapId=9637761&previousTitle=Arecont%20Vision%20LLC Vladimir Berezin]{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}." Retrieved April 4, 2012. in Southern California.
Costar Acquisition
The original company was acquired by Costar Technologies, Inc. (OTC Markets: CSTI), a Texas-based manufacturer of video surveillance and machine vision products,{{Cite web|url=https://www.sdmmag.com/articles/95452-arecont-vision-acquired-by-costar-technologies|title=Arecont Vision Acquired by Costar Technologies|last=|first=|date=July 10, 2018|website=SDM Mag|access-date=December 16, 2018}} following a reorganization and Chapter 11 bankruptcy proceedings. The purchase price was reported as $11.25 million in cash.{{cite news |last=Honovich |first=John |date=July 11, 2018 |title=Arecont Acquisition By Costar |url=https://ipvm.com/reports/arecont-costar |work=IPVM |location= |access-date=June 14, 2021}}{{subscription required|s}}
The original company was closed, and Arecont Vision Costar, LLC, was launched in July 2018 as an operating division of Costar. In the aftermath of the Costar acquisition, 10 percent of Arecont's workforce was made redundant in early 2019.{{cite news |last=Honovich |first=John |date=January 14, 2019 |title=Arecont Costar Layoffs |url=https://ipvm.com/reports/av-layoffs |work=IPVM |location= |access-date=June 14, 2021}}{{subscription required|s}}