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Canon Acquires Milestone to Make Major Advance in Network Video Surveillance Business
Canon press release:
MELVILLE, N.Y., June 13, 2014 – Canon U.S.A. Inc., a leader in digital imaging solutions, today announced Canon Europe 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 expertise.