WESTMINSTER, Colo.—PSA, one of the world’s largest systems integrator cooperatives, announced this week a new vendor partnership with Canon Financial Services Inc., a wholly owned subsidiary of Canon U.S.A. Inc.
Canon today announced the acquisition of BriefCam, a provider of Video Synopsis and Deep Learning solutions. Closing of the deal is subject to customary closing conditions.
LONDON—Canon announced on June 27 a new business based in California called ARCUS Global Inc. Owned by Canon Europe and built on the intellectual property, technology and expertise of Canon Group company Milestone Systems, ARCUS Global Inc. will address the significant unmet global market demand from large enterprises for ‘Video Cloud IoT as a Service’ for security and business optimization.
CHELMSFORD, Mass.—Axis Communications and Canon are changing their sales and marketing efforts in major regional markets worldwide in an effort to provide a wider portfolio of video products and solutions to their customers.
SAN ANTONIO—After doing some consulting work for Axis Communications in the mid-90s, Bodil Sonesson was recruited by Axis in 1996, the year it introduced the first network camera.
CHELMSFORD, Mass.—In early 2016, Axis will begin construction of a new headquarters located adjacent to the company’s existing offices in Lund, Sweden. The building is expected to be ready in early 2018 and will accommodate 1,100 employees. Its North American headquarters is based here.
TOKYO—In a bid that industry analysts told Security Systems News is intended to get Canon to increase its $2.8 billion offer for Axis Communications, Elliott Management, a New York hedge fund, increased its stake in Axis to 10.91 percent and has not yet sold those shares to Canon.
TOKYO—One year after buying the leading VMS provider, camera manufacturer Canon has made an offer to buy Axis Communications, the leading network camera provider, for $2.8 billion cash.
