Milestone and Other Recent Industry M&A Activityhttps://www.securityinfowatch.com/article/11521776/canon-acquires-milestone-to-help-bolster-its-video-software-offerings
Following in the line of major M&A moves within the video surveillance industry during first two quarters of 2014, Canon U.S.A. Inc., a leader in digital imaging solutions, has announced Canon Europe has signed an agreement to acquire Denmark-based Milestone Systems A/S, among the world’s leading providers 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 expertise.
This acquisition parlays the recent merger of Vicon and IQinVision and Costar Technologies’ acquisition of CohuHD, along with QEOS’s buyout of Centric Technologies.