Executive *******
*****'* ********** **** *** *******, ** best, **** **** ********* ** **** emphasizing ** **** **** *** ** 'independent *******' ****** *** *****. *** best ** *** ****, ***** ** their ********** *** *** ********** *******'* actions, ***** ** ** ******** **** of **** ******* ********. *********, ** large ******* ** ***** ********, ***** companies ****** ******** ****** *** ***** their ********** ************ *** *** ** any ***** *** **** ***** "********* cooperation" ******* *** ***** *********.
**** ****** *** ******** - **** is ***** ******** ***** ** ** with ***** ********? *** ** **** hurting **** ** *** **** ****?
Canon ********
** ******* ****, ***** ********* ********* results, ********** ** *** ***** ************ businesses, *********** '********* ***********' ******* ***** companies:
** **** ******* **** ****** ** strengthening *** ******, *** ********* *********** between ***** ***** ********* **** ** Axis, *********, *** ********.
**** *****, ***** ********* ** **** elaborating ** **** **** ***** ** deepening:
- ** ****** **** *** ***** companies ******** ******** ** ************* ***** businesses ** **** **** *** ******* the **** ******** *** ******** ** their ******** *** *********.
- ** ********* ***** ********* ** collaborate **** ***** ***** *********, ** well ** ***** ******** ********, **** deemed ********* ** ***** ** **** their ********’ *** *********’ ********.
- ******* ***** ********, ** ****** them ** ********** ******* *** ******** of ***** *** *** ****** ***** Group.
Axis ********
*******, **** ******* ** **** *********** being *********** *** ***** **** ** choose **** **** ****:
** ** *********** ******* ****** *** Canon *****, **** ***** ** ** keep ************* *** ********, ************* **** with ***** ***** ********* *** **** other ******** **** **** *** **** us. ** ***** **, ** ********** to ******** *** ***** ** *** entire ***** *****.
** *** **** ** ****** **** companies ** ********* **** ** *** to ********* ****, *** ** **** our ********* ** **** ******** **** and *** *********.
Briefcam ********
*** ******** ******* ** **** *********** collaborating **** **** *********, ****** *** out ** *** ***** *****:
******** ************ **** * **** ***** of ********** ********, ********* *** ***** group ********* ** **** *** ******* of *** *********, *** ******* ********** our ********.
** ******* *********** **** * ***** group *******, ***** ** *** ****** availability *********** ********* ** *** **** **** Learning ****** ******
No ******** ** ********* ***********
** **** ** ******** ** '********* cooperation' ******* ***** * ********* ******* so ********** **** ***** *********, *.*., Axis ******* **** ******* ** ********* working **** *****, ***. ********, *** companies ******** ** **** *********** **********, most ******* **** *** ***** *** more ************ ****** *** ** *** solutions, ********* ***** **** ******** **** Milestone (*** ****' ****** ** *** partners).
Canon ****** ******** ******
** *** ****** ******** ****** ** the ***** **** ******* ** ******* the ******** ********* ***** **** ** do **** **** **** *** ***** to ****. ******, **** ***** ** acquirer **** **** **** **** *** acquired ******* *********** (**** ***************** / *****).
*******, **** ***** ***** *** **** different **** * ********* ********, **** a ******* ****** ****. ***** *** not ********* **** ****** ***** *** it *** *** ************ ***** *****.
Challenges **** ********* ********
****, *********, *** ******** **** ******* stayed ***** **** ****** *** *** market ** ********** ***** ****** **** risk ********** ***** *********** ***********. **** analytics *** ***** ***** **********, *** a **** ** ****-****** ******** ****** ground, ** ** *** *** **** Canon *** * **** ** **** with ****, ********* ** ****** ****** ** ****** ****************** *** ********.
***** ******** ********* *********** **** ****** better? *****, ** ******* *********** ****** benefits, ****** *** ******* ** ***** so ****** ****-*********** ********* *** *****. But ** **** **** *** **** (which ** ***** ***** ********* *********** have **** ***** ***** ************) **** face ******* ***** ** ***********.
**** ***** **** * ********* **** for ***** ************? ** *** ** evidence.
Comments (22)
John Honovich
I want to elaborate on the final statement of the post as I am hoping to hear other's feedback.
By strategic plan, I mean an ability to deal with competitive forces and new technologies. Surely, Canon has some form of a 'plan', even if it is just a plan to make money (targeting X revenue and Y EBITDA), etc.
However, unless they have a strategic plan that factors in how new technology shifts power, the Canon companies could deliver on revenue and EBITDA for the next few years while the entity's competitive positioning declines sharply.
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Robert Wren Gordon
These are conflicting statements. PE firms and hedge funds invariably have a strategic plan and don't collect companies and leave them to their own devices for over six years.
A PE firm or hedge fund acquirer would have done something by now, e.g. replace a CEO, name some of their people to the board of directors, cut costs, pump in capital to expand ops, push the acquired company into a new market, merger, divestiture, et cetera.
In the case of Canon, if none of the above has occurred for Milestone or Axis since 2015, then Canon definitely didn't acquire these companies using rationale similar to that of an investment firm.
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Undisclosed Manufacturer #1
Canon could take their brand, apply it to all as BOSCH did to DS, Radionics and Philips to create a unified force.
The risk is losing loyalty in the dealer channel, end users as well as positioning in the open market of mutual partnerships in technology.
This delay can be seen as a fear to challenge the status quo, a lack of vision or leaving an exit strategy that doesn’t damage the brand.
If you never take the leap as they say.
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Undisclosed #2
There are some legitimate complaints that you can throw out about Axis....
But that ain't one of them.
Nothing about Axis' end-to-end "solutions" meaningfully competes with the offering of any of their VMS partners.
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Hans Kahler
01/26/21 05:12am
This was inevitable. It is most likely the beginning of a sort of merger of the companies under Canon. It will take years to move forward, but it will. Japanese companies are very patient when it comes to these things. Their business plans are much more macro focused than most American companies.
It will take a while to prove me right or wrong, but I bet in the next 5-10 years we see a more tightly coupled video surveillance offering under Canon.
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Undisclosed Integrator #4
I read that statement as marketing-based filler language for a corporate statement geared towards shareholders. As such, along with most other Corp Statements geared towards investors, its just bullshit. Also, as Ive stated before on this site, the interrelationships in a Large corporation with many competing (or even complimentary) holdings and/or divisions never goes well. Its the "middle child in a household of 9 kids" environment. They rarely compliment each other, they fight more than they hug, they rarely get along really well, and the parents are too stressed trying to make money to pay enough attention or to care.
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Undisclosed Manufacturer #5
In other words, Axis and Milestone will keep doing what they're doing, but Canon is hoping they'll help Briefcam out some more. That's my guess, anyway.
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Undisclosed Manufacturer #1
Didn’t BOSCH and Genetec just do a big announcement together?
Together in Crime
Doesn’t BOSCH push BVMS and their storage solutions?
Cannon could take the risk with Milestone and AXIS, double the sales force and increase sales. Offer free camera licenses as others have done.
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Don Francisco
No mention of Arcules?
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