The recently announced merger of Brivo and Eagle Eye Networks represents the formalization of a decade-long convergence strategy in cloud-based physical security. The two companies, operating under common ownership by entrepreneur Dean Drako since 2015, are consolidating operations to create what they position as the “industry’s largest AI-native cloud physical security platform”. While the announcement frames this as a transformative moment, the merger is better understood as the logical endpoint of a carefully orchestrated integration that has been progressing steadily since Drako acquired Brivo for $50 million. Brivo-EEN Merger A foundation for the eventual merger was laid in May 2023, when Japanese security giant SECOM invested $192 million across both companies. $100 million in Eagle Eye Networks and $92 million in Brivo. SECOM, which generates approximately $10 billion in annual revenue across 3.6 million subscribers in 17 countries, recognized the strategic value in backing cloud-native platforms poised for growth in Physical Security as a Service […]