Canon acquires Milestone Systems to lead IP video surveillance market

In an important strategic step to be at the forefront of the network video surveillance market, Canon has announced the signing of an agreement to acquire Milestone Systems, A global benchmark in open platform video management (Vms) which is used in thousands of installations worldwide.

Canon Europe It has decided to take a qualitative and quantitative leap to strengthen its network video surveillance business after announcing the signing of a purchase agreement of the Danish company Milestone Systems, provider of open platform video management software that is used in thousands of installations around the world.

This powerful business acquisition will position Canon as a highly competitive benchmark in the growing security and security market., concretely, network video surveillance, where customers can benefit from Canon's innovative imaging technology with the power of Milestone's video management software, which will remain an independent company within the Canon Group.

As announced Digital Security Magazine, Canon has a clear ambition and strategy for the network video surveillance business, as a growing market and increasingly integrated with other systems, especially in the image and video environment, in which this company is one of the benchmarks in the market, which needed to incorporate a powerful management software.

Rokus van Iperen, President and CEO of Canon Europe, Middle East and Africa, "Canon's goal is to take a leading position in the network video surveillance market and we are making a strong strategic investment to make this goal a reality.. With Milestone we can accelerate our growth by delivering new products and advanced solutions for new sectors and channels to deliver greater customer value. We are very excited to be working with such an innovative company., which we welcome to the Canon Group".

For its part, Lars Thinggaard, President and CEO of Milestone Systems, He said: "I am excited by the enormous potential of being part of a global group like Canon., that respects the way we have built Milestone's business with our partners and supports our strategy of delivering open platform solutions and, therefore, the need to remain an independent company within Canon. We feel this step is the right one to foster our development and take our partners and customers to a new level.".

Milestone Systems also has a well-established reputation for consulting and training services., and a continuous investment in R+D that, together with its VMS platform have placed its business model at the top of the market. Proof of this is the acquisition a few months ago of the assets of the training specialist Connex International, as reported Digital Security Magazine, in order to provide specialized and certified training in their IP video management solutions to the channel.

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