Axis Communications completed the acquisition of Citilog for £7m.

Axis Communications, the global leader in network video, completed the acquisition of Citilog, a provider of video-based Automatic Incident Detection systems, for £7m. "Citilog’s proven products are well known to the traffic sector, and complement our solutions for the most demanding requirements in that market. Their commitment to developing quality, innovative and easy-to-use products is consistent with Axis’ approach to provide the most competitive, highest value solution for a range of customer needs. We are excited to be able to offer our channel partners and end users state-of-the-art analytics tools that work with their existing Axis network video solutions," Ray Mauritsson, Axis CEO.