WBJ – Bethesda access-control company Brivo acquired for $50M

WBJ – Bethesda access-control company Brivo acquired for $50M

Bethesda-based Brivo, whose cloud-based access-control systems have more than 6 million users, has been acquired by Dean Drako, president and CEO of Austin-based Eagle Eye Networks, for $50 million.

Drako will serve as Brivo chairman. Brivo President and CEO Steven Van Till will continue to run the company.

Drako will run Brivo¹s access-control business and Eagle Eye Networks¹ cloud-based video surveillance business as two separate entities…

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