Announced

Completed

Axis Communications completed the acquisition of FF Group.

Synopsis

Axis Communications, a provider of network video and traffic solutions, completed the acquisition of FF Group, an edge AI and data analytics company. Financial terms were not disclosed. "The market for traffic applications is growing. Acquiring FF Group will strengthen our competitiveness, knowledge, and capabilities in license plate verification, further solidifying our leadership in the industry," Ray Mauritsson, Axis Communications CEO.

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MergerLinks - Axis Communications completed the acquisition of FF Group.