Modcam AB

Alden Advisors is pleased to announce the acquisition of its client, Modcam by Cisco Systems Corporation (NASDAQ: CSCO). Headquartered in Malmo, Sweden, Modcam offers SaaS based wide-angle neural network-based camera sensors used to visualize, quantify, and analyze the flow of people in physical spaces. The solution has been deployed to clients in the U.S., E.U., and Asia in big-box retail locations and multinational office environments. Leveraging the solution’s analytics, the Company’s clients have designed and delivered extraordinary customer, employee, and people experiences. These customers have experienced increased retail sales, improved staff and space utilization, and optimized real estate expenses. Alden Advisors acted as the exclusive M&A advisor to Modcam in this cross-border transaction.

“Alden Advisors displayed an excellent understanding of our machine learning and intelligent computer vision solutions helping us identify Cisco as a buyer. They were valued partners as we navigated the uncertainties of COVID-19 and concluded a transaction without a single visit to our premises,” commented Johan Lenander, Modcam Chairman.

Alden Advisors and Modcam partnered through all stages of IP VAMP™ Transactions, leading to the Company’s acquisition in July 2020 while navigating the challenges of the COVID-19 pandemic.

About Modcam AB

Headquartered in Malmö, Sweden, Modcam is a SaaS provider of an edge-to-cloud computer vision solution for behavioral analytics, audience motion analytics, and artificial intelligence, enhanced security. The Company offers wide-angle neural network-based camera sensors used to visualize, quantify, and analyze the flow of people in physical spaces. For more information, visit www.modcam.com.

About Alden Advisors

Alden Advisors is an investment banking firm focused on technology and industrial companies with niche intellectual property (IP) experiences. The firm provides M&A and advisory services which aim to extract maximum value from, or enhance the value of, a company’s unique client experiences by emphasizing the hidden value in their tangible and intangible assets. This is done through its unique process; IP VAMP™. For more information about Alden Advisors or the benefits of IP VAMP™, visit www.AldenAdvisors.com.

Deal Press

• Cisco – Modcam Announcement
• Techcrunch
• CRN
• Techzine
• Channel2e

Securities transactions are conducted through
StillPoint Capital, LLC, in Tampa, FL, Member FINRA & SIPC.
StillPoint Capital and Alden Advisors are Unaffiliated Entities.