Axis / Canon Conflict

Author: Brian Karas, Published on May 18, 2016

Canon spent $2.8B to acquire Axis, and in doing so created one of the industries largest product line conflicts.

Despite obvious benefits of merging the strengths of each company, the two companies remain independent, battling each other.

We review the current state of the two products, and the impact of this conflict in this report.

***** *****$*.**** ******* ****, *** ** ***** ** ******* *** ** the ********** ******* ******* **** *********.

******* ******* ******** ** ******* *** ********* ** **** *******, *** two ********* ****** ***********, ******** **** *****.

** ****** *** ******* ***** ** *** *** ********, *** *** impact ** **** ******** ** **** ******.

[***************]

Canon **** ******* **. **** ****** ********

*****'* ** ******* **** **** ************, *** **** ** ***** ******* ****** **** ** ** ******* **********.  *** * ****** ************, Canon's ****** ** *** **** ***** *** ******** ******** **** ** indoor-only ***.  ****** **** **** **** ** *** ******** ******** for **** *****, *****'* ******** ****** ********** ****, **** ******* ************.

**** *** * ****** ******* ******* *********, **** ******* **** everyday ***** *****, ** *****-****** ** *******, ***************-*******.  **** ** ********* ***** ** ********** ******** ** ********* ********* ** *** ******** **** ******* ***** streams.  **** ********* ** ******** *** **** *** ******** ******* with ******** *************.

**** * **** ****** ******** ***********, ** **** ***** *** Canon ** ******* * ****** ******* **** ** *********** **** if **** ****** ** ****** ***** ******** ** *** ******** industry, ********** ***** ********* *********.

ISC **** **** - ****** *****

**** *** ***** **** ********* ** * ***** ** *** West ****.  **** ********* *** ***** ******, ******* ** ****** of *********, **** **** ******** ** ** * ******* ****** offering.

****** ***** ***** ***** *********** ********** *******, **** ***** ****** cite ***** ******* *** *****'* ********** ** *******/******.  ***** ***** not **** * ***** ******, **** *****, *******, ** **********, to ******** ***** ******* **** **** ** ***** ******.

**** ****** **** ** *** *** ***** ** * *****, which ***** ***** ** ****' ******* ********* *** ***** *** far ******** **** *****. ***** ** ** **** ** * threat ** **** ** ****.

*** **** **** *** **** * **** ***** ***** *** acquired ****, *** *** **** ***** *** *** **** **** to **** ** **** ***** ********* ** ************* *** *** lines. ******* ********* ** *** **** ********* ** ** **** Canon ******** ** **** * **** ***** ******** *** ** clear ******. 

Canon's ****** ********

******* *****'* ******* **** ** * ****** ** ****', *** most ***** ***** *************, **** ******* ******** ********.

*****'* ******* ******** **** **** ***** * ********** ** *** low ** ***-***** ******, ***** **** *** **** **** ******** *** an *********** ***** ***** ************* ** *************. 

Canon ****** ******* ********

** **** ********** ***** ***** ********  **** ***** ******** ** behind *********** *********** ****** *****, ****** *** **** **** ** provide * ***** ****** *** **** ***** ***** ** *** Canon ******* ** ******** *****.

**** ** *****'* **** ** ******** ** ******* ** **** could ** ********** ** **** **** * **** ***, ******** at * ********** *****, ** ** *** *** ******** **** more ************* **** ***********.

********* *** ****** *****, ** ****** ******** *** ***** *******, would **** *** ******* ******* ******** **** ******* ********* ** ********* sales ***** *** *********** ********* *******.  ******* *** *** ********** to ******* ******* **** ***** **** **** ******** ** ******* the ****** *** ***** ******** ********** ** ****** *****.

Ongoing ****** ** *** *****

***** ** ***** ***********, ***** ******* ** *** ***** ** the ******** ********, *** ***** **** **** **** ***** ****** *********.

***** ***** *********** ** ********* **** *** *** ********* ** begin ** ****** **** ** ** ***-**-*** ********, *** **** keep ********* ** ******* ******** *******, **** **** *** *** sales ****, ******* ****** *** *********.

**** *** ******** ** * ******* *****, ** * **** when ****'* ****** *** **** ******* *** *** ******** ******* is ****** ***** ******** **** *********.

******* ****** ********** **** **** ** ****** * ***** ******** in *** ****** **** ****, ***** ********* ** ****** ** their *** ****** ******* ****.

***** ** ********* *** ******** *** ********* ***** ****** ***** team, ******* *** ***** ****** ** ****** ** ****** * premium ******* ** **** ***** ** *** ******.  *** **** outcome ***** ***** ******** **** *** ** ** *** **-*** with **** **** ******* **** **** ****.

Comments (56)

**** ** ****** *** **** * **** **** *** *** limited *** & **** ************* *** ************ ********** **** **** the ***** ***** **** *** ****. * ** **** ** are ***** ** *** *** *** ***** *****, ****** ******, probably **** *** **** **** ********** ***** ****.

**** ******* **** *******, *********, *** ** *********** ******** **** they **** *****'* *** **** ***** ***, *** **** ** the ********* ******** ******** ****. **, ** ****, **** *** in * **** **** ********* ** ******** ******* ** **** products *** ** ***** ******** *** ******** *** ** ********* the ***, ****, ****. **** *** **** ***** **** *** and *** **** ***** ***** *** *** ****** ***** ****. If *** *** *** *** **** **** ***'* *****, ******, then **** ***'* ****** *** ***** **** **** ***** * bunch ** **** *** *******.

*****, ******* ***** ***** **** * **** ***** *******. ***** a ******** **** ***** *** *** *** ** ****** ********.

** ***** ** **** ** **** *****, *** ******** ***'* mess ****** *** ***** ****'* *** ** ***** **** *** by ******** *** ****. ** ***** ** **** ****** * to * ***** *** **** **** **** ** * ******* memory.

***** ****'* *** ** ***** **** *** ** ******** *** ball.

*****'* ***** ***** ** **** **% **** ******* ** *****:

*** ***** ******* ** ******* **** *** *** **** ******.

* **** ***** ******* ***** ******** *** ******** / ***** but *'* **** ** **** **** ******* ********** **.

******** **** * **** ********* *******. **'* ****** *** ****.

**** * **** ** *************** ******* ****.

***** ****** *** **'* ****** ***** **** ***** ********* ** move **** ** *** *** ** ***-***** ****** ** ** complementary ***** **** ** *** ******.

* *** ******* *** ***** **** **** *** ********** ** separate ********:

*. ** ******* **** *** ********** ********, ** ** **** for ***** ** **** **** ***, **** ***** *** ***** absorbed ***** *********** ***** ** ***** ************ *** ******** ******;

*. ***** ***** ** ******** ** ******** *** ***** ****** of **** *** **********, ** ***** ** *** ***** ****;

*. *** *********** ******* ***** *** **** *** ************ *********. I ***** ***** **** ** **** ***** *** ** ******** difference; *** **** *** *****-********-************* ****** ***** ******* * ******** supervisor?

*. *********** ** *** ************ ******* ** ******. ** *** time ***** ******** ****, ******** *** *** **** ** * depreciation **** ******* *** ** *******. ** **** ****, *** general ****** *********** *** **** *** **** ********** ******* ******* the ** *******. ****, ** ****** * ** ******* ** that **** *** ******* ** ***** ** *** **** *****, Canon **** ***** ** **** * ****;

***** ** ******** *** **** ** ******* ***** *** ********...****** have ***** *** ****** ********* *** **** *** **** ******* a ******** ****...**** *** ****-******** *** ***** **** **** ****** the ****** ***** ********* **** **** **.

****, ** ****** * ** ******* ** **** **** *** selling ** ***** ** *** **** *****, ***** **** ***** to **** * ****;

** **** ****** ** ********** ** ******** ******** *****, *** wouldn't **** **** ** **** *** **** ****** ******** ** buying/selling *** ** ***? ***** ** ** **** ** *** a ******* **** ** ******** ******** *****.

*** ** *******, *** **** ****'* ********* ** ***.

*** **** ****'* ********* ** ***...

*** *** *** **** ***** (*** *****); **** ************** ************:

...[****] *** ********* ****** ** ****** **** ** * ****** located ** *** ****** ****** ** *** ***** ********* ** other ************ ****** ** * ***-************* ***** *** * ********* giving ************ **** ******the ****** ****** **** ** ******* and will not be accepted. Each holder of shares participating in the Offer will represent that it is not * *.*. ******, ** *** ******* ** *** ****** ****** and is not participating in such Offer from the United States or that it is acting on a non-discretionary basis for a principal that is not * *.*. ******, that is located outside *** ****** ****** and that is not giving an order to participate in such offer from the United States.

**** ****** ***** ** ******* ***** (***) *** ***** ****** Axis ****** ** ********** ***** **** ** ***, ******* **** converted **** *** *****, ***.

** ****** * ** ******* ** **** **** *** ******* it ***** ** *** **** *****, ***** **** ***** ** make * ****

**** ************** **** *** * ** *******, ******. *****'* ******* ** ****** here. *** ********** ******* ** ****** *****.

*'** **** *** **** "******** ****", ** ** **** ******...

***** ** ******** ********* ******* ** **** ****** **** ******** to ****** *** *** ******* ** *** *******, *** ***** up *** ********* *** ***** ****** *** ***** ******* ****** and ******* *** ***** ***** *****.

**** **** ** *** ****, *** ***** ***** ************ **** is ********* *** **** *** ****** ** ******* ******. *** whole **** ******** ** * ******** ********** *** **** **** not **** ** ** ********* ****.

* ***** '*****' ******* ** ****** *****'* ****** ***** ***** they ****. **** **** **** ** **** ***. *** **** fuse ***** ******** ** *** *** *** ** *** ****** and ****** **** **** *****. ***** **** * ******* ******* that **** **** ****** *** *** **** *** ***** *** make * ******** ****** ********** **** *** ********* ******* **** a *****-*** ******** **** *********.

*** *******, **** * ***** *** *** **** ******** * global ************** *** ******** ****** **. **** *** **** ** so *********** ***** * ******* **** **** * *** ***** in ** * *****-******* ****** ****?

**** ******* ** *** ***** ** ******* **** ******* *** own ***...

***** *** **** ***** ***** ** **** ****** *** **** promote **** *******. ******* ***** ** **** * ******** *****, in ******* ****** *** **********, ****** **** ******** *****. *****'* huge *********** ** ************* **** *** ******* ** ** **** Axis ** ************ ******.

**'* * ********** ******* ** *** ***** ***** *** **** industry, *** ** *** ** * ******* ** **** ** just * ********* ********** ** **** *** **** **** ** be ***********, *** **** *** **** ****** **** *****'* ********* support, ***** ******* *******, *** **** **** *** ****** *********** experience.

** ***** **** ***** *** **** *** *** ********* ******* before **** **** **** ***********.

*****, ***** *******

"******* ***** ** **** * ******** *****, ** ******* ****** and **********, ****** **** ******** *****."

* ****** ******....

*** ****** ** ***** ******* **** ****** *** ********* ***** utilised ** ************ ******** ************ ** ****. ***** ** * fine ******** ** *********** *** ********

**** **** ****** *** **** ** ***** ******** ** ********* markets.

*** ******** ******* ********** ****** ** ****** *** *** **** familiy ** ********** ** ******** ****** *** ****** ********** ****. This ***** **** ****** ***** *********** **** *************.

**** **** ******...*** **** ******* ** **********...

******* ** *** **********, ** ***** ********* *** *****, ********** in **********, ****'* ***** ***** ***** ********** ********* ** ** entity ****** ******** ******** ******** ** *** *******? ***** ***** be * **** ** * *** ********* ***** ****, ********* and ***** **** ***** *** ***** ********* *** *** ***** or **** ***** ******* ** ********* ****, ***** *** ********* may *** ** ***** ** *** ****** ********* ******* **** initially *** **** **** **** *** *** ***** * ******* for *** ******/**********......?

** *** ***** **** **** **** ** * ***** **** this ********?

***** ****** ******* *** ** ***** ************ *** ***** ********* in *** ******** ******** ** **** ** *** ** *** software/hardware ******** ****** *********** ** ***********

* ****** **'* *********** *'* ********* ****** *** ** ****....

****** ** ********* **** ********* *****, **** ** *********/*****/********, **/****/*******, and ******/*****.

**** ****' **** *******, ***** *****, *** ******** ** *** IT ********. *********, *** *** ***- ** ***-*** ****** **** the ***** *******.

*** *** ***- ** ***-*** ****** **** *** ***** *******

*** *****'* ***** ************ ******** *** ********* ******** ** *** mid ** **** *** ******, **** ******. * ******* **** could ***** *** ** ***** ** * ******* *****.

*** ***** **** **** *** *** **** ********* **** ** anyone *** ***** ** ******* **** ********* *** ** *** lower ****** *** **** **** *** ***** *** **** ***** are ****** **** **** **** ******* **** ** ********* ********.

**** **** **** ******* **** ** ********* ********.

****** *****, * *** **** *** *** ****** ** ** ;)

** ***** ****** ***, ** *** ****, ** ***** ** a **** ***** **** **** **** **** ******* ********.

*** *** **** *****

*** ***** ******* **** ** **** ********* (*******), *** *** quality ** *********** ****** **** ****. * ***** **** *** best ** **** ****** ***** ** ** ********** *** *** product **** * ****** **** **** * ****-*** ***** (*****) and * ***** *** (****).

******, ** **** ********?

**** ** ****** ** *** *****, **** ** ****** ** WDR, **** ** ****** ** ********* (*********). **** *********** ********* does *****'* *** ** ********* ***** **** **** **** ***?

** ** *******, *** ********* *** ***** *********** *** *** lines ** ***** ****** ********** ** * ******* **** ****** quality ** **** ** ***** (******* & ******) **** ****** that's *** *** **** **** ******** *******. ** ******** ***** Canon **** ** *** "*** **** ********" ***** ** *** in ********** ** *** ******* *******. ** ********* ** ** is ** ***** *********, ** *** ****** *** **** ****** from ****, ********* & *****, **** ***** ** **** ** develop * ******* ******** *** ******* ********.

***** ****** *** **** ********, **** ***** ** ******. *******, Canon ****** *** **'* ******* / ****** ********** ** ****** a ****** ********* ***** ** ******** **-**** *******, ***** ****** cameras [**** **** **** *******.. *** **** ******** ****** ****** standards ** **** **** *** ***] ***** **** ****** *** time-proven **** **-**** *** **** ****** **** ** *******. **** will ***** * *** **** ** ********* ******* ** ****** something ***** *** *********** ** **** ****** ****.

********** * ***** **** ******** **** ** ******** **** * "Westerner". ** **- "*** *** **** *** ***** ********* ***** now!" *** ******** ******* ** * **** ****** ******** *****. They ******** **** * **+ **** ******** ****, *** **** is ****** ********** *** *******. ****** *****'* **** **** **** on **** ***. **** *** ** ***** ** ******** **** deal *** *** *****-***...

**** ****** **** * ****. *** * ** ******** *******.

********** * ***** **** ******** **** ** ******** **** * "Westerner".

**** **'* ***** ********** **** **** ****** ******* ** ***** and *** **** ** ******** ** ********* ******** **** ** just *** ******** ********.

*** ****** ****, ***'* *** ***** *** / ***** ****** has * ** **** ****. **** ***** **** **** **** in * ********** ***** ***** ********* ********** **** *** ********* now ***** **** ** ******** ** * ******? ****'* *** a ********* ** *** *******, **** * ******* ** *** industry.

**** ********* **** ** ******* **** ******* **** ***** ******* and *** ************* ** **** ******* ***** *******, ****** ***** who **** ** ** **** ***** ******** ***** ******.

* *** *** *** ** **** ***** ** ** *** was * ********* **** ***** ** *****. ******* * ***'* understand **. ****** ***'* **** **** ** ******** ***** **** I ** ****** ** ******* ** *** ************. * **** no **** *** * ******* *** *** * ***** ****** business ****. * *** ****** ******* ** **** ********** ***** business ******** ***** *********.

** *** *** ****, ******* *** ******* **** **** * choice ** *** ******** *** **** ************ / *** ***** their ******.

** ***** *** *** *********, ******* ** ******* ********** ** the ***** *****: *** **** ** **** **** **** ***** - ********** ** **** *** **** **** ***** ** ****** both ****** *** ***** ****** *********.

*** ******** ******* ******** ** ******* **** *** *** ** the *****. ** ******** *** ****** ******* ****** *****, **** has ****** **** * **** **** **** *)**** *** ********* of; *) **** *** ********* **; *) **** ******** **** in ****** ******** **** **** ** ***** ******** ******. ** their **** *****, **** ** ***** *** **** ******* *** high *****. ** ******** *** ****** ******* *****, **** ** known *** *** ******* *** *** *****. **** **** ****** will **** ** ***** ***** *** ***** ****** ******** ** accept ***** ******* ** * ****** *********** **** ** ** sorely ************ **** ********** *** ** *** **** ** ******** of ***** ******* *******. ***** ** *** ********* ***** ** step **** *** ******* ******* ******* *** *********. ****** **** bear *** ***** ***** *** *****, ** ***** ***** ***** do **** ** **** *** ******** ********* ****** **** *** AXIS ******** ** ****** ******* *** ***** ******* * *** rated ****** ******* ********.

** ******* **** * ******* ** ******* **** ****** ******** at **** ***** ***** ***** ****** ****** ********* *** ****. Once * ******** ***** *** ****, *** ****** ** *** air **** ** ****'* ******** **** ****.

** ******** *** ****** ******* *****, **** ** ***** *** low ******* *** *** *****.

******? *****, *'** ***** **** **** ** *** ***** ** the ****** *****. * ********** ***** ***** ~$***, **** ***** IP-based ***** (**: *** **** *** *** *** *******) *** at ***** $*** ****. *** ************ ****** *** ***** ******** aren't *** ****** ******, ** * ** ********.

*** *** ***-******* ********* ****** ********* **. ** ***** ** hardware ******, *** ********** ***** **'** **** *** ** **** as **** *** *** ** *** ****** **********.

** **** *** ** *** ***** ****** ******** ** *** US **** ** **** *** ***** ******* (**:******* **** ****** *******) *** * ** ******** **** ********* **** ******* ***** an ******* ******* *******, ***** *****'* ***** **** ** *********.

*'* ** ******, *** ** *** **** **** **********. * just ***'* ***** **** ** ** *** *******.

*** ** ****** *** ******, *** **** ****'* ************* ***** the ****** ****** ** * ****. ****** ***** ***** ***** into ****** **** ***** ** *** ******. ** ******* **** their ****** ****, **** ********** *** ******** ****/******* ****.

*** ****** ****** ****** ** ********* **** *****, *** **** may ** *** ***** ** ***** *******. *** **** **** Axis ******** ****:**** ****** ****** ******* ************ ***

** *****, * ****** ******** *** **** **** ***** *** not ******* ** **** ** ******* *** **** ******* ** isn't ** ****** ** * ******* ** ***** *** ******* and ***** **** ********. ** *****'* ********* *** ***** **** our **** ****, ** ** ******* ** ****** ** *** really ***** ** ******** ***** **** ** ***** **********, *** sometimes **** ** *** ** ***** *** * ******* **** other *********** ***** ***** *** **** ***.

****** *** *** ********, *****. ***********. **** *** **** ******** the ***** *****?

***** *** *** ***** ****** *** * ***'* ******** ********. I ** ******** **** **** ** *** ****'* ** ** way **** **** ***** **** **** ****** **** **** *******. Of ****** * ** ********* ** ******* ** ***** ******** isn't ****. ****, ***** *** **** **** **** ******* **** I ** *** ***** **. *** ** ***** ****** ***** though * *** **** **** *** ********** **** * *** left ****, ***** ** ******** *** **** *** **** ** my *****.

* ** **** ** **** *** ** ***** ** **** this *** *** ***** **** ** ** ****** *** ** show ** **** *** ******* :->

*** ***** *'** ******* ** ********* ** ****:

*** *****'* ******** ****** ********** ******** (**** ***** *******) ** **** ***** *** ***********.

** ******, **** ***** *** ***** ** **** ********* **:

*) **** *** ***** ** **** ***** ***********, ** ***** server ** ***** ******, ***

*) ** ** *** **** ********* ** ***** ***** **** Axis' ******* *********, **** **** **** ** ****** *** ********* with *** ********** **** * ******** ******** **********.

**** *'* ****** ** **** *** ******** ** *** ******** may ** *****, *** *** *** ** **** ** ****** available ****** *** ****** ********** ******** ********** ****.

** *** * ****** ******, *** **** * **** ******** relay ******, *** ***** * ******* ******* *** **** * 12V ******* ******* (** *** **** ** ********** ***** ** hardware ** *** **** * ** **** ******** ***** ******* - *** ******** ***********, ***)

** **** ******* **** *** **** *** ** ******** *** keypad *******, ** *******/****** ********* **** ****.

**** ******** **** ******* ********, ** ****** **** ** * standalone ** ******* ****, ** **** **** ** *********** **** connection ** *** ********** ******. * ** *** **** ** this ** *** **** **** *********, ** ***** *** ***** platforms...

**** **** *** ***-******** *** ***** *** *** ***** ***********. Rather **** ***** ******** ******, ******** ******, *******, ***. * don't ******** **** *** ******** **** ***, *** *** *********.

***** *** * *** ** ********** **** ****** *** ***** mega-pixel ******* *** ******** *** ********** *******. ***'* ***** **** some ** **** ********* *** ***** ** ** *** **** end *** ********* ****** ******.

**** ******** **** ******* ** * ********** *****.

***** ***** ******* ******* ****/******* *********** ******* ** * ******* price.

**** ******'* ******* **** **** *****. **** ***** ********** **** other. *** **** ***** ***** *********** **** ** *** **** technology **** ***** ******* ******* ********** ** *** **** ****** share.

******* ******* ** *****'* ****** ***** ************ ******** ******** ********* against **** ** ** * ***** *** ** **** *****:

******* *** ***, *********** ******** *** ***** ******** ** *** higher *** ** *** ******. **** **** ***** ******, *** instance. ****** *********** **** *********. ***** *** ***** ***** *** a *** ** *** *** ******* *** ******* *** *** Canon *******, ** *** * **** ****. ****** * *** line ** "*****" ******* *** *** ***/*** ***, ********* **** add-ons **** ******** ***** ****** (*** * ***** *****, ** course).

** ***** *** ********* ******** ** ** **** *** *** teams ***** **** ****** *********** *** ***-****** **********.

*** ************ ** * ***** *** *****.

********* ******** ******* **** *** ********* *** ***** ******** ******* them *** *******.

**** **** ** *** ***** ***** ** ** ** *** ocean ** *** ******...

******&* ***** ******* ** **** '****'

***** ****** ******* ***** *** *** ******* ******* ** ***** 2016

*** *** ***** ******** ** ******* ***º ******* ******* ***** with *** ******* **** *** **** *********, *** *** *** fixed *** “******” ****** **** *** ******* ****, * ***** for *****.

*** ***** *** ****** **** ** ** ******* ********* *** recently ********* **-***** *** *****’* ******** *** ***** ******* ******, the **-****, ******* ** ********* ******, ***** ****** ** *** light **********, ************ ** *** ********* ***.

* ** ****** **** *** *** **** ***** ** **** but, *** ************* *** ***** ******'* ****, ***** ****** *** not *** *** *** ******* ****** ********, ** ***** ** the **.

*******, * ******* **** ***** ******* ***** "********* *** ****** of ***** *** *** ******* *******, ******** ** ***** ****"...

***** ****** ******* ***** *** *** ******* ******* ** ***** 2016

**** **** **** *** *** **** **** ** **** ***** ISC...

*'** *** ***** *******; * **** *** *****.

"models *** *** *** *** *** ******* ****** ********, ** ***** ** *** **"

**** *** ** ** *** **, *** ***** ** * world ******* *** **, *** **** *** *** *** ******** in *** **. *** ***** *** **** ****** '***** *************' it ** ******* ************* ** ** **** ** ********* ** is **** *** ****** ** *** ************ *** ******** ** my ******** ****.

*, * *** **** ******** ** ***** ******** ** ** 'unveiling'. **'* ********* ********** ** **** **** *** ******* ** each ****** *** **'* * ******* ** **** * ******* available ** ***** ***** ******* ** *********.

****, *** ***** ** *** ******. ****** ** *** ** read ******** ***** ******** **** ** ****** ** ********* **** US ***** ********.

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