Hikvision was founded in 2001 by Zhejiang HIK Information Technology Co., Ltd. (Chinese: 浙江海康信息技术股份有限公司) with the company having a 51% stake and Gong Hongjia (Chinese: 龚虹嘉) a 49% stake. Hikvision made products for the video surveillance market. It devotes 8% of its annual revenue to research and development, with 26,330 employees, of which 13,085 are engineers by the end of 2017:103 Hikvision has been listed on the Shenzhen Stock Exchange since 2010. The company provides surveillance products to the global market via more than "2,400 partners in 155 countries and regions", and has its presence in 18 locations around the world. In October 2016, the company concluded a deal to use Movidius' computer vision technology.In May 2019 Israeli newsmedia reported that sapper units deployed by Tel Aviv police to protect the Eurovision Song Contest 2019 from interfering UAVs, used a Hikvision Counter Unmanned Air System (C-UAS) to force down over 80 drones.