Israel Surveillance Company Purchased by Shenzhen Based Anxin-China
Mate Technology an Israeli high-tech company was recently purchased by Anxin-China a Shenzhen based company for the amount of US$ 30 million the Israeli company specializes in advanced intelligent video surveillance systems. The deal between the two companies was directed and supervised by Israeli based Infinity Group that invests in Mate Technology.
Infinity Group CFO Ariel Poppel said in an interview with the Shenzhen Press Group said that the deal brought Israel and Shenzhen closer and provided more cooperation opportunities for Infinity Group and Shenzhen.
Anxin-China, a company that provides integrated solutions for high-tech intelligent security warning systems. Last year the company was overwhelmed by the news of Mate Technology’s high-end video surveillance technology and by acquiring Mate Technology the company’s competitiveness increased in the global safety protection industry. The deal between Anxin-China and Mate Technology is the 10th merger and acquisition case in that the Infinity group have directed transfer of technology into China.