BriefCam, a global provider of video synopsis and deep learning solutions, has announced its acquisition by Canon Inc., a global digital imaging solutions company.
The addition of BriefCam to Canon’s market leading network video solutions products portfolio complements the Canon Group’s previous acquisitions of AXIS Communications and Milestone Systems with a breakthrough, innovative video content analytics solution.
Video Content Analytics
The acquisition will drive further, rapid innovation in video analytics by BriefCam as well as new co-innovation activities with Canon and its market leading portfolio companies.The opportunity is a testament to the innovative technology we have built, the outstanding team we have assembled, and the rapidly growing business we have created"
In addition, it will enable BriefCam to enter new markets, deliver stronger vertical solutions, and serve its global customers even more effectively.
BriefCam will continue to remain an open platform, working seamlessly with other third-party products in the market ecosystem, providing customers with freedom of choice.
“We are thrilled to be joining forces with a global supplier of digital imaging solutions. The acquisition will allow BriefCam to continue to deliver video content analytics solutions, while remaining a standalone company within the Canon Group,” said Trevor Matz, BriefCam President and CEO. “The opportunity is a testament to the innovative technology we have built, the outstanding team we have assembled, and the rapidly growing business we have created.”
Network Cameras And VMS
“With BriefCam, we can deliver an even broader range of technology and solutions in the fields of network cameras, video management software and video content analysis software to customers and partners across the globe."
"We are very excited to work with such an innovative organization and we welcome BriefCam into the Canon Group,” said Masanori Yamada, Canon Inc. Managing Executive Officer and Group Executive, Network Visual Solution Business Promotion Headquarters.