Costar Technologies, Inc. (OTC Markets Group: CSTI), operating as Costar Video Systems, LLC, is a public company headquartered in Coppell, Texas. Founded in 1997, the company specializes in the design, development, manufacture, and distribution of electronic security products for the video surveillance and machine vision markets. As of August 2023, Costar Technologies had annual sales of approximately $54.18 million and 1,649 thousand shares outstanding. It was acquired by IDIS Co., Ltd. for $23.2 million in a merger transaction. IDIS Americas is a new IDIS business unit formed from the merger of IDIS America and Costar Technologies.
The company's product portfolio includes a full range of video surveillance solutions such as surveillance cameras, network video recorders (NVRs), digital video recorders (DVRs), video management software (VMS), monitors, lenses, and other electronic accessories. Costar Technologies serves diverse industries including financial institutions, educational facilities, retail stores, manufacturing plants, highways, government buildings, and military bases. Its operating companies include Arecont Vision Costar, CostarHD, Costar Video Systems, Innotech, and IVS Imaging, with manufacturing capabilities in China, Korea, and the United States.
Costar Technologies, Inc. d/b/a Costar Video Systems, LLC, appears in our database as an operating company that has been a defendant in patent litigation. The company has been named as a defendant in one tracked case and has no recorded plaintiff cases, indicating a defensive litigation posture.
The sole tracked case involving Costar Technologies, Inc. d/b/a Costar Video Systems, LLC is VDPP, LLC v. Best Western International, Inc. et al. The case was filed across multiple jurisdictions, including the District of Arizona (D. Ariz.), the Northern District of Illinois (N.D. Ill.), and the Northern District of Texas (N.D. Tex.).