Acquisition of VXG Inc strengthens physical security portfolio at Octave

Octave provides mission-critical software that empowers today’s organisations to make informed decisions across every stage of the asset lifecycle – ie design, build, operate and protect – where performance, safety and reliability are non-negotiable and failure isn’t an option.

Turning complex operational data into actionable intelligence, Octave connects expertise, real-world conditions and enterprise-scale insight in order to improve performance, resilience and incident response where it matters most.

The acquisition of VXG Inc will enable Octave to build upon the Artificial Intelligence (AI)‑enhanced cloud capabilities in its physical security portfolio and further strengthen its software offer for protecting people, places and assets.

VXG Inc’s cloud‑native platform allows corporate campuses as well as finance, retail, education, healthcare and public safety organisations to manage small to mid-sized security installations. Its AI-powered engine combines computer vision analytics and generative AI capabilities for intelligent monitoring, alerts and investigations, along with secure access and evidence sharing workflows. The open ecosystem supports hundreds of camera models and is built for service providers delivering Video Surveillance-as-a-Service (VSaaS).

Technology stack 

The acquisition builds on a partnership that began in June last year, when Hexagon introduced a cloud‑based video management system built on VXG Inc’s offer. Bringing VXG Inc in‑house allows Octave full control of its technology stack, in turn paving the way for future portfolio integrations and product enhancements.

“VXG Inc’s cloud‑based video management system gives Octave an immediate advantage and supports our cloud roadmap,” said Octave’s CEO Mattias Stenberg. “Its AI‑driven design aligns with our vision of intelligence at scale. The acquisition expands our hybrid deployment options (ie cloud, edge and on‑premise), positioning Octave to lead the shift towards cloud‑first solutions.”

Overseen by CEO Yaro Lisitsyn, the VXG Inc leadership team will remain with the company to drive continued development of the cloud roadmap and ensure continuity for customers and partners alike.

VXG Inc reported revenues of circa US$ 1.0 million in 2025 and will be fully consolidated within the Protect workflow environment from this month.

*Further information is available online at www.octave.com and www.videoexpertsgroup.com