“The traffic applications market is growing. The acquisition of FF Group will strengthen our competitiveness, expertise, and capabilities in license plate verification, further solidifying our leadership in the sector,” says Ray Mauritsson, CEO of Axis Communications.
Based in Prague, FF Group is a company recognized for its leading role in license plate verification applications. The acquisition will provide Axis with an enhanced toolset to develop and expand in the growing traffic solutions market, leveraging FF Group’s advanced analytical capabilities that extend beyond the traffic segment. “FF Group has been a valued partner to Axis since 2017, providing competitive and innovative applications, as well as
specialized expertise.
I am very pleased to welcome FF Group to Axis and am confident that this acquisition will drive value creation for our customers,” says Ray Mauritsson. An integration process will now begin to bring FF Group into the Axis organization. During this process, Axis and FF Group will focus on ensuring seamless business continuity for their customers.
Cambium Networks and EZVIZ collaborate on wireless video surveillance
Cambium Networks and EZVIZ have formalized a strategic agreement aimed at boosting advanced wireless video surveillance services in the residential and micro SME market, offering new business opportunities to Wireless Internet Services Providers (WISPs).
