Tag Archives: Canon

Canon to buy video surveillance leader Swedish Axis for $2.8 billion

Tuesday last week Canon Inc made an 23.6 billion SEK ($2.83 billion) offer for network video surveillance market leader Axis AB. This is the biggest purchase ever for the Japanese firm. Canon’s decision about the offer is based on falling demand for digital cameras and an aim to diversify its operations overseas. Axis AB With 1627 employees in more than …

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