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June 13, 2014 01:33 pm GMT
Some consolidation afoot in the world of enterprise video. Imaging giant Canon is buying Milestone Systems, a startup from Denmark that has developed software for video surveillance systems. Terms of the deal are not being disclosed, the companies say. Milestone, founded back in 1998, had raised$25 million from Index Ventures, and according to its latest financials, it posted net income… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IKLRC-uAt0I/
Canon Buys Milestone Systems To Build Its Video Surveillance Business
Some consolidation afoot in the world of enterprise video. Imaging giant Canon is buying Milestone Systems, a startup from Denmark that has developed software for video surveillance systems. Terms of the deal are not being disclosed, the companies say. Milestone, founded back in 1998, had raised$25 million from Index Ventures, and according to its latest financials, it posted net income… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/IKLRC-uAt0I/
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