Prior to the acquisition Idis and Costar already had a long-term existing ODM relationship, in that according to the company, approximately 60% of Costar video products are already made by Idis.

At the end of August 2023 Idis confirmed the acquisition had been completed, and now, in March 2023 Costar has declared the merger as a success, bringing a myriad of benefits for both companies and clients. According to Costar, this merger marks a significant milestone in the companies’ nearly two decades of shared history, promising enhanced product offerings, greater financial stability, and an expanded global footprint to better serve a diverse customer base.

“By uniting with Idis, we are embracing a 'Better Together' philosophy that amplifies our shared core values and individual strengths, paving the way for a stronger security foundation,” said Scott Switzer, Chief Executive Officer of Costar Technologies, Inc. “For our customers and partners, this directly translates to more cohesive solutions, a greater selection of products, and a higher level of service.”

For over 20 years, Costar and Idis have forged a strong partnership, successfully deployed hundreds of thousands of devices across diverse applications and jointly created customised solutions tailored to specific industry needs. Today, the companies’ combined resources provide financial stability and a global footprint, ensuring long-term sustainability for both the next two decades and beyond.

This merger also introduces customers to a wider and more comprehensive range of product options, enhancing the existing portfolios with a broader selection of solutions under the combined brand. With nearly 200 research and development professionals specialising in security technology, the new company can harness the expertise of a larger R&D team to drive innovation and technological advancements.

Customers who have invested in Costar products and services can be assured that these investments will yield long-term benefits. Costar and Idis customers can expect greater support, as the company doubles the size of the current sales force, enabling more comprehensive sales support and allowing for a deeper focus on specific vertical markets.

Together, Costar and Idis will continue to deliver advanced electronic security solutions that prioritize innovation, performance, and reliability. Their commitment to providing world-class customer service ensures that customers will receive ongoing support and assistance to maximize the value of their investments.