BriefCam, the a provider of Video Synopsis and deep learning solutions announced its acquisition by Canon Inc. The addition of BriefCam to Canon’s network video solutions products portfolio complements the Canon Group’s previous acquisitions of AXIS Communications and Milestone Systems with a video content analytics solution.
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. In addition, it will enable BriefCam to enter new markets, deliver stronger vertical solutions and serve its global customers even more effectively, the company described in a press release. 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.