Subscribe to RSS - Canon

Canon

PSA announces a new financing solution partner

 - 
06/13/2018

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 acquires BriefCam

 - 
Wednesday, May 9, 2018

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.

“The acquisition will create even greater synergies between the BriefCam Video Content Analytics platform and Canon’s Network Video Solutions portfolio,” Trevor Matz, president & CEO of BriefCam, told Security Systems News. “BriefCam will continue to innovate and deliver best-of-breed video content analytics enabling law enforcement,  public safety agencies and major enterprises transform their video surveillance footage into actionable intelligence and dramatically shorten the time-to-target for security threats while increasing safety and optimizing operations.”

Masanori Yamada, Canon Inc. managing executive officer and group executive, Network Visual Solution Business Promotion Headquarters, said in the announcement, “We are very excited to work with such an innovative organization and we welcome BriefCam into the Canon Group. With BriefCam, we can deliver an even broader range of leading-edge technology and solutions in the fields of network cameras, video management software and video content analysis software to customers and partners across the globe.”

BriefCam will continue to operate under the leadership of its current management structure, remain an open platform, and continue to provide its software to the market through its own sales channels.

“We are thrilled to be joining forces with a global leader in digital imaging,” said Matz. “The acquisition will allow BriefCam to continue to deliver industry leading video content analytics solutions, while remaining a standalone company within the Canon Group. The opportunity is a testament to the innovative technology we have built, the outstanding team we have assembled, and the rapidly growing business we have created.”
 
The acquisition will also enable BriefCam to enter new markets, deliver stronger vertical solutions, and serve global customers even more effectively, he said.

Founded in 2007, BriefCam’s Video Synopsis and Deep Learning solutions are used for rapid video review and search, smart alerting and quantitative video insights.

Note: SSN continues to report on thsi story.

Canon’s new company to harness the cloud

ARCUS Global Inc., a spin-off from Milestone Systems, will focus on ‘Video Cloud IoT as a Service’ business, CEO says
 - 
06/28/2017

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.

Axis to sell and market Canon in North America

Agreement expands portfolio of video products and solutions available
 - 
09/07/2016

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.

Axis VP’s global role evolves with firm’s big growth

‘Multicultural aspect” of job right fit, she says
 - 
11/18/2015

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.

Axis to build new HQ in Lund

 - 
06/17/2015

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.

Canon-Axis deal done despite hedge-fund holdout

Canon now owns 84 percent of shares, Elliott Management increases stake
 - 
04/29/2015

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.

Canon to buy Axis for $2.8 billion

Kessler: Price is ’50 percent premium over yesterday’s closing price’
 - 
02/10/2015

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.

Canon to buy VMS provider Milestone Systems

Milestone will operate as stand-alone division; Canon committed to open platform
 - 
06/13/2014

LONDON—Camera manufacturer Canon announced today that it will acquire VMS provider Milestone Systems. Terms of the deal were not announced.