EhEye, the Saint John company that has developed video recognition software for public security, has been purchased by Patriot One Technologies of Toronto for more than $3.2 million in stock.
The companies announced Tuesday that Patriot One would integrate the New Brunswick company’s software, which allows video surveillance systems to recognize guns or other threats, with its Patscan weapon-detection system.
Founded by President and CEO James Stewart, EhEye had reached the point at which it iwas about to pilot its technology at two different locations, but the company needed capital. By