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Axis acquires video analytics provider Cognimatics

June 7, 2016Martha Entwistle

STOCKHOLM—Several days after purchasing an audio company, network video giant Axis Communications on June 3 acquired Cognimatics, a video analytic provider that specializes in retail applications.Based in Lund, Sweden, Cognimatics was founded in 2003 and has 12 employees, two of whom are based in the U.S.In an email interview with Security Systems News, Axis VP Americas Fredrik Nilsson described Cognimatics as a “leading company of store-optimizing solutions targeting the retail sector.”The...

2N, Axis Communications, Citilog, Cognimatics, IP video, retail, Video Analytics

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