I don’t think you’re seeing the potential here. Let’s consider what might be (hypothetically) possible.. First off, Ray Mauritsson no longer needs to report to those shareholders (or worse, those pesky customers). Now he can report to somebody in Japan! He’ll have lots of additional meetings and presentations to give, all the while being under the gun to deliver sales and revenue. If Ray doesn’t work out, then maybe it’d be good to replace him with somebody a little more engrossed in Canon’s culture. Speaking of Canon’s culture, of course it’s so much larger, mature, and sophisticated than the Axis way of doing business no doubt Axis can benefit from their supply chain practices, project management, and product management processes. The middle management at Axis has so much to gain from those 3AM conference calls and will probably need to put together another slide deck for that meeting.. Of course, if there are hiccups it might be due to Axis not really understanding how Canon works, and more meetings, maybe even moving some people around might be in order. Speaking of moving people around, there’s probably a lot of redundancy in the services provided by IT, HR, finance, marketing, product support, and oh yeah, supply chain & manufacturing. If Axis can save money by using Canon’s services, it will go straight to the bottom line! So those can probably be consolidated—smooth as silk. And given the cost of real estate these days I’m sure some physical facilities should be consolidated too—moving is a highly productive activity. When the dust settles the opportunities for sales synergy are endless. For example when a Canon dealer is closing on a RadPRO D2-50RF Dynamic Digital RF Radiography and Fluoroscopy machine he can sell some IP cameras too! Because of course there’s no reason they can’t go to market the same way (since they both use electricity), and if you squint a little the customers look a lot alike (mostly humanoid). I’m happy for Axis AND Canon in this deal.