SecurityWorldMarket

13/03/2011

Infinova appoints VP of strategic business development

Monmouth Junction, NJ (USA)

Stephan G. Cannellos has joined Infinova to work with management on company strategy, acquisition processes and help new acquisitions integrate into Infinova.
“We have always grown Infinova organically,” reports Infinova President and CEO Jeffrey Liu. “However, since completing our $300 million IPO in December, we are starting to look for suitable technology companies to form partnerships and alliances that will advance Infinova solutions and acquisition of complementary companies to grow our market share. We look forward to Stephan helping us accomplish this.”

“Infinova is on the precipice of being a major international player in the video security industry,” asserts Cannellos. “Through its own R&D department, which includes over 290 engineers, Infinova already provides core equipment for video control rooms, megapixel, IP and analogue surveillance cameras, specialised cameras, fibre optic communications products and customised systems. Strategic acquisitions will help the company grow even faster and provide Infinova integrators with even more solutions to propose to their customers.”

Cannellos joins Infinova with an extensive background in general management, sales, marketing and acquisitions with leading management posts at security industry leaders Assa Abloy, Tyco and Software House. He has also been with GE and showed success at three venture-backed technology start-ups. Cannellos lives in Westford, Mass. and has a bachelor’s degree in mechanical engineering and a master’s degree from Clarkson University.


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