Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se
Issue link: https://ssn.epubxp.com/i/467395
www.securitysystemsnews.com march 2015 SEcUrITY SYSTEmS NEWS suppliers 40 www.ResolutionPRoducts.com 715.808.8225 I sales@resolutIonproducts.com I 1402 Heggen street, Hudson, WI 54016 The frst and only platform designed to provide control and automation from user phones and tablets. We removed the panel touchscreen to provide fexible installation options and to reduce the user learning curve. No unfamiliar user interface – Just instant control and convenience from the devices they already love. + Control locks, lights and thermostats over the smart phone interface. + Be notifed when kids arrive home, and view them over application integrated camera interfaces. + Enjoy peace-of-mind through the high-performance security sensors with CryptiX ™ encryption technology. + Experience instantaneous response to commands through SecurNet Technologies "always-on" connection to interactive services. + Have immediate emergency response through a direct to central station reporting capability. Helix allows your customers to: InteractIve servIces powered by Helix. connected to life, not tHe wall. legal entity within Canon Group. The Axis brand name, manage- ment team and current structure will remain the same. W h e n C a n o n a c q u i r e d M i l e s t o n e l a s t s u m - m e r, J a c c o L e u r s , C a n o n 's Canon to buy Axis Communications for $2.8b U.S. (in local currency), which is "below the overall growth of the industry and below [Axis'] mid-double-digit goals." The company's slower growth is the result of pressure from Asian camera manufacturers who are putting out much less expensive "almost good enough" cameras and "gaining significant share in the low end of the com- mercial business," Kessler said. Kessler said Axis has been either "slow to react to [this pressure] or its strategic plan may not have put tremendous resources into the low-end areas … but those areas are growing the fastest." With that said, "I don't think Axis will have any problem maintaining its premium posi- tion in high-end areas." For example, larger commer- cial businesses and government end users "who are concerned about security," are unlikely to turn to cameras made in Asia, he said. Kessler said that Canon "a year ago had a d e c l i n i n g p h o t o c a m - era business … with com- petition from v i d e o c h i p s a n d c e l l - phones erod- ing its busi- ness. Now, in succession, it will have bought the leading VMS company Milestone and [Milestone's] leading partner company." Kessler says Canon's pur- chases are part of what he calls the "horizontal collapse of the video industry" where we've seen consolidation such as Panasonic buying Video Insight, Avigilon buying OV's intellectual prop- erty, and purchases by Tyco and Bosch. It's a move toward the one- stop-shop model, he said. While some may argue that consolidation is not beneficial to integrators because of risk of proprietary systems or chan- nel conflict, Kessler says this type of consolidation provides integrators with "an easier way to install video." Canon's offer came in the form of "a public offer to the share- holders of Axis to transfer all of their shares in Axis to Canon for a consideration of SEK 340 in cash per share." Based in Lund, Sweden, Axis in 1996 introduced the first network camera. Today it is considered the market leader in IP cameras. It employs 1,900 people in 49 countries. SSN Jeff Kessler Continued from page 1 h e a d o f p r o f e s s i o n a l imaging, told SSN that it had identified network video surveil- lance as an important driver for future growth. Leurs called the Milestone deal a "strategic step, which sig- nificantly enhances our offering and capabilities in this market sector, and he noted that the IP video surveillance market "is a multi-billion euro industry which continues to show huge growth potential, and Canon has a strong commitment to build a long-term presence as a leader in this industry." Imperial Capital's Kessler said that while Axis has a healthy balance sheet and great manage- ment, the company's "stock price has been flat for the past year." The company showed 7 per- cent growth year-over-year in the Jacco Leurs has said Canon 'has a strong commitment to build a long-term presence' in IP video surveillance