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Axis Acquires Leading Video Analytics Provider Citilog - Proven analytics technology strengthens Axis’ transportation offering to enhance traffic safety and efficiency - Citilog.com / Axis.com
Axis Acquires Leading Video Analytics Provider Citilog

 

PRZOOM - /newswire/ - Lund, Sweden, 2016/02/01 - Proven analytics technology strengthens Axis’ transportation offering to enhance traffic safety and efficiency - Citilog.com / Axis.com. NASDAQ OMX: AXIS

   
 
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Axis Communications (axis.com), the global leader in network video, today announced the acquisition of Citilog, a provider of intelligent real-time video monitoring for traffic and transportation security and safety. The addition of their advanced surveillance technology and experienced personnel strengthens Axis’ best-of-breed solution and further expands its opportunities in the fast-growing traffic analytics market.

“Citilog’s proven products are well known to the traffic sector, and complement our solutions for the most demanding requirements in that market. Their commitment to developing quality, innovative and easy-to-use products is consistent with Axis’ approach to provide the most competitive, highest value solution for a range of customer needs,” said Ray Mauritsson, CEO at Axis. “We are excited to be able to offer our channel partners and end users state-of-the-art analytics tools that work with their existing Axis network video solutions."

Citilog (citilog.com) is a privately held company with 30 employees, headquartered in Paris, France and with offices in the USA, Hong Kong and Spain. The company offers a suite of video analytics tools and sensors for transportation monitoring, such as automatic incident detection, traffic data collection and intersection control. Its products improve road safety, limit risks and help reduce travel time. Axis and Citilog have worked together for several years on both engineering and sales to provide integrated solutions to a number of mutual customers.

Enhancing traffic and transportation safety and efficiency
Citilog’s advanced video analytics and surveillance products are used to identify traffic incidents and deviations in real time to help traffic management centers improve the traffic flows and shortening response times. Further, Citilog offers solutions to analyze advanced traffic statistics and provide solutions for traffic lights and intersection control. Its products are used worldwide to monitor roadways, tunnels, bridges and other infrastructure, as well as city traffic operations. Alarms can be generated for numerous incidents and traffic saturation detection and enables traffic operators to redirect traffic and thereby adjust efficiency on the fly.

 
 
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Agency / Source: Axis Communications AB

 
 

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Axis Acquires Leading Video Analytics Provider Citilog

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Axis Communications | Citilog
Contact: Lena Hedén - Axis.com 
+46(0)46 272 1800 pressoffice[.]axis.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Axis Communications AB securities in any jurisdiction including any other companies listed or named in this release.

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