Canon Europe Ltd News
As my trip to London for IFSEC International ends, I can look back on three days jam-packed with new approaches, new technologies, and the best the global security market has to offer. I met people from all over the world who share an interest in physical security technology -- and how it can be used to make the world a safer place. I heard several exhibitors mention that business was slow in Europe in the early part of 2015. However, the show highlighted that R&D investment has continued t...
The building is expected to be ready in early 2018 and will accommodate 1,100 employees 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. Together with principal owner Canon’s Chairman and CEO Fujio Mitarai, Axis Communications announced the expansion plan at a meeting recently with represe...
This year's IFSEC International show in London will provide a reflection of the physical security industry's rapid growth, especially in the video sector, says one industry observer who is also a speaker at the show, coming up 16-18 June. “If we look at the overall trend, it is no surprise to anyone that IP is driving the growth and the future of the security business,” says Jim McHale, managing director of research company Memoori, and a speaker at IFSEC. Secur...
At IFSEC, Maxxess will partner with Canon, Redvision and Wavestore - visitors will experience a fully integrated demonstration Maxxess, a global corporation specialising in the access control sector and recognised for its extensive integration capabilities, has unveiled its plans to showcase its signature eFusion security management platform together with a number of technology partners on its stand E700 at IFSEC International 2015 in London. As a modular system built on open...
Canon and ASSA ABLOY have invited Nedap to demonstrate AEOS’s powerful integration capabilities at the event Canon and ASSA ABLOY have invited Nedap Security Management to demonstrate AEOS’s powerful integration capabilities at IFSEC. AEOS, manufactured by Nedap, is the first software-based security management platform. IFSEC attendees will witness its strength and flexibility in integrations with world-class access and video solutions. AEOS is a truly integrated...
Annual report & supporting resolution documentation will be available at Axis' head office The Board of Directors withdraws the dividend proposal in the light of the new ownership structure. Instead, the Board of Directors proposes that no dividend is paid for the financial year 2014 and that the company’s results are carried forward. Notice of Annual General Meeting Axis AB (public) is holding its Annual General Meeting at 3.00 p.m. on Monday, June 15, 2015, a...
Milestone Systems, the open platform company in IP video management software (VMS), has released Device Pack 7.9 for partners and customers using Milestone XProtect® security solutions. Device Pack 7.9 has support for 1,012 tested ONVIF devices, all using the same optimised driver. Support has also been added for Axis Communications’ Zipstream compression technology. This speedy adoption is possible due to the dedicated efforts from Milestone to drive the uptake of open platform techn...
Anyone thinking the Canon acquisition of Axis is a done deal should reconsider. Not so fast. A wrinkle has emerged as the Japanese imaging giant has been buying up shares of Axis in anticipation of acquiring the Swedish camera manufacturer. The wrinkle comes in the form of a hedge fund company called Elliott Management, which has reportedly bought 10.91 percent of Axis stock. Incomplete sale The number is significant because Canon needs to acquire 90 percent of Axis stock in order to force th...
Where did all these people come from? That was the happy question among exhibitors pleased with the brisk booth traffic on the first day of ISC West in Las Vegas. The aisles on the traditionally busy first day of the show did seem especially crowded at the Sands Convention Center.Lower pricing was one theme emerging on the first day of the show, with camera manufacturer Samsung leading the way with the introduction of its WiseNet Lite cameras, versions of its popular line that have fewer feature...
Milestone Systems is closing in on a year since their acquisition by Canon’s European subsidiary in June 2014. Throughout the ownership transition, Milestone has reiterated its commitment to open systems and continued to flourish, building its “ecosystem” alongside other industry partners. At the recent Milestone Integration Platform Symposium (MIPS 2015), I had a chance to chat with Lars Thinggaard, Milestone’s president and CEO, about industry trends and what’s ah...
This year’s 10th anniversary Milestone Integration Platform Symposium (MIPS) was the largest ever, with 463 participants, including manufacturers, integrators and thought leaders from throughout the industry. Emphasizing Milestone’s “open platform” approach to the market, the 2015 event highlighted successful Milestone end users, new integrations with a variety of manufacturer partners, and a theme of “winning together.” Keeping Mum on the Canon-Axis acquisti...
The Milestone conference saw close to 500 attendees and 50 exhibiting companies Milestone Systems, the open platform company in IP video management software (VMS), held its 10th annual MIPS partner conference in Las Vegas, Nevada, last week. It was their largest-ever gathering with close to 500 attendees and 50 exhibiting companies in the Technology Showcase that demonstrated integrated solutions for enhancing safety and optimising business. CEO Lars Thinggaard and CSMO Kenne...
In the wake of Canon’s acquisition of Axis Communications, the company faces a communication challenge in the market – to reiterate the camera manufacturer’s commitment to open systems- acknowledges Fredrik Nilsson, General Manager, North America of the Swedish IP camera vendor. “We say nothing will change, and we will show it in our action as well as say it,” he comments. “There have been companies that have claimed openness, but then don&rsquo...
Recent news of Canon’s $2.83 billion cash bid for network surveillance leader Axis Communications came as a surprise to some, but many could easily digest the move as more consolidation of the marketplace, especially the crowded video surveillance space. Systems integrators weighed in on what they expect and the long-term outlook for IP camera leader Axis and Canon, a Japanese firm predominate in broadcast, optics and consumer electronics. Joe Liguori, a partner at Access Co...
A more than 20-year shared history between Canon and Axis Communications has been an underreported aspect of the recent announcement by the world’s largest camera company of plans to acquire the Swedish IP video camera company. The fact is, Canon and Axis have worked together for years, dating back to the time when Axis was focused on making printer servers (rather than IP cameras). In those days, Axis often worked with Canon to supply printer servers, which were bundled with Canon printe...
Surprise – shock, even – was the initial reaction of most in the industry to the announcement earlier this week of Canon’s intent to acquire Axis. Maybe it was the (apparent) suddenness of the move, or its scale ($2.8 billion!) that caught us off guard. Maybe it’s the continuing ripples the move is likely to cause through the industry that has us still talking about it. It’s clearly the biggest story in our market in years. But after you think about it a couple of...
Canon's purchase of Axis could be the start of a series of acquistions in 2015 This is a massive development in the video surveillance equipment market. Until last year, Canon was a small player in this market. However, back in August 2013, it revealed big ambitions when its CEO, Fujio Mitari, spoke about security cameras becoming an “important pillar” for the company and the market having “limitless possibilities for growth”. Then in June 2014, C...
Have we entered the age of the security company "open marriage?" I used that phrase just a few days ago in relation to the Panasonic-Video Insight acquisition. Now the phrase springs immediately back to mind related to the truly shocking news today about Canon buying Axis, which last year bought video management system supplier Milestone.Is it possible for a video management company and a camera company to be owned by the same company and yet remain "open?"That was the premise when Canon bought...
Background This statement is made by the Board of Directors (the “Board of Directors”) of Axis Aktiebolag (the “Company” or “Axis”) pursuant to section II.19 of Nasdaq Stockholm’s Rules concerning Takeover Bids on the Stock Market (the “Takeover Rules”). Canon Inc. (“Canon”) has recently announced a public offer to the shareholders of Axis to transfer all of their shares in Axis to Canon for a consideration of SEK 340 in cash pe...
Canon Inc. has made a public offer to the shareholders of Axis Communications to transfer all of their shares in Axis to Canon for a consideration of SEK 340 in cash per share in the Company. The total value of the offer is approximately $ 2.8 billion. If the offer is accepted this will be the Canon's biggest acquisition to date. Axis has released a statement of the Board of Directors in relation to the offer. Based on a financial short and mid-term perspective, the Board of Directors have conc...
2014 was a year for eye-popping merger and acquisition (M&A) activity in the security space. The big deals of the year included some of the largest names in the industry. One name is larger than any in the security market – Google, which made not one but two acquisitions this year that could impact the future security market. It was also the year that a smaller player in the video camera market (although a huge familiar brand overall) bought a large, open systems V...
The agreement will make Canon’s entire range of network security cameras available to Arteco’s customers Canon Europe, world leader in imaging solutions, is pleased to announce a new partnership with Arteco, a pioneer in Video Event Management Software (VEMS) for the security industry. The agreement, announced at Security Essen, will provide a powerful VMS offering and make Canon’s entire range of high-quality network security cameras available to Arteco&rsqu...
The collaboration will enable Canon customers to access digivod’s solution across its full range of network security cameras Canon Europe, world leader in imaging solutions, has announced a new partnership with digivod, an innovative provider of video management software (VMS) at Security Essen. The collaboration will enable Canon customers to access digivod’s high performance solution across its full range of high-quality network security cameras, and benefit from...
AEOS from Nedap is the first software-based security management platform. AEOS, which we developed in-house, uses generic controllers. Via Nedap's software, AEOS controllers can accommodate functionality for access control, intrusion detection, video management and locker management. All functionality and authorisations are stored on the controller level of the system. So your platform’s functionality is established by loading and configuring the appropriate AEOS software components. When...
Ava Parissay joined Milestone at its Danish headquarters in June as Senior Products Manager in the Professional Business Unit Milestone Systems aims to continue its position as the market leader for open platform IP video management software (VMS), the company has recently hired more strong players for managing sales in North America, Austria, Germany and Switzerland and the UK. A new Finance Manager has also come on board in the US and the fast-growing Bulgarian office has a...
Milestone Systems we will be an independent, standalone company within the Canon Group “On June 12th we finalised an agreement for Milestone Systems to be acquired by Canon Europe, in which it was defined that we will be an independent, standalone company within the Canon Group. This deal closed and became a legal reality on July 7th. This is a major next step for both companies, and it makes me very proud that Canon - a respected global technology leader - has chosen t...
It took a crowded ride during rush hour on the London “Tube” to get me there, including multiple transfers, but the first day of IFSEC at its new venue, the ExCel in London, yielded a couple of newsy announcements and busy traffic at many of the stands. The industry is still reeling from bombshell news last week of the acquisition of Milestone by Canon. The ink may be barely dry, but the agreement was celebrated at IFSEC with a press event and big photo opportunity involving Rokus v...
Canon, world leader in imaging solutions, recently announced it has signed an agreement to acquire Denmark-based Milestone Systems A/S, a world leading provider of open platform video management software, via its subsidiary Canon Europa N.V. The new combination will create a formidable player in the fast growing network video surveillance market by combining the strengths of Canon’s innovative imaging technology with Milestone’s best in class video management software e...
At IFSEC, Nedap will demonstrate the world’s first software based security management platform: AEOS Nedap Security Management, developer and manufacturer of the first software-based security management platform – AEOS, is collaborating with different security professionals at IFSEC to solve security challenges that IFSEC visitors are facing. Security experts such as prominent security consultants and Physical Security Managers from leading organisations, collabora...
Over 5 client venders and 15 server providers were inter-testing with Dahua, including Axis, Canon, Exacq, Pelco, and Samsung Dahua Technology, a world-leading manufacturer and supplier of video surveillance products headquartered in Hangzhou, China attended the 10th ONVIF Developer’s Plugfest in Fukuoka. The Plugfest consists of two parts, peer to peer testing and user scenario testing, not only allowing manufacturers to inter-test separately, but also providing a chan...
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