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VATICS was pleased to announce the spin-off from VIVOTEK on Sep. 14 2007.
Prior to the spin-off, VATCIS had successfully developed an encoder SoC, called VVTK-1000, that is currently used for all VIVOTEK's 7000-series IP surveillance product lines and shows highly reliable performance as the cutting edge features.
"The spin-off allows two companies to pursue its own strategies that best suit each company's long-term goals," said Owen Chen, the president of VATICS. "The spin-off will also provide the employee incentives to tie individual's performance to their employed company's performance and to enhance opportunities of developing financial expansion plans".