Avigilon Best IPO on HD Security Camera Surge: Corporate
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Avigilon Corp.’s 91 percent rise since its trading debut has made it the best performing Canadian initial public offering in the past 12 months. The chief executive officer of the video surveillance company said the era of high-tech monitoring has barely begun.
Alexander Fernandes forecasts annual revenue for the Vancouver-based manufacturer of high-definition surveillance systems to reach C$500 million ($510 million) by the end of 2016, up from C$60 million last year.