STOCKHOLM—Network video provider Axis Communications on Feb. 1 announced the acquisition of Citilog, a provider of intelligent real-time video monitoring for traffic and transportation security and safety.
“This is a big thing in video surveillance, adding more intelligence and integration to mid-level and higher-end projects,” Jeff Kessler of Imperial Capital told Security Systems News.
“This allows Axis to offer more tools and more value-add to its integrators,” Kessler said. By adding more “smart sensor-type technology to their products, Axis will be “better able to compete with [other video surveillance providers] who compete on price,” Kessler added.
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