CohuHD Costar News

Costar Technologies' acquisition of Arecont Vision approved by bankruptcy court

Arecont Vision, the provider of IP-based megapixel camera and video surveillance solutions, announced that the acquisition by Costar Technologies, Inc. (OTC markets Group: CSTI) of its assets has been approved by the bankruptcy court (“Court”). It is anticipated that the sale will close on July 13, 2018. As previously announced, Arecont Vision initiated proceedings under chapter 11 of the United States Bankruptcy Code in the District of Delaware in May, 2018 and has achieved its goal...