Canon Group acquire Milestone Systems

The Canon Group is set to make major advances in the network video surveillance arena with the acquisition of Milestone Systems, the world leader in video management software. Canon has a clear ambition to drive future growth through diversification and has identified network video surveillance as a strategic new business area. Bringing Milestone into the Canon Group will significantly enhance Canon’s software capabilities in this sector.


Lars Thinggaard, President & CEO, Milestone Systems: “Milestone is extremely excited about the huge potential that being part of a global group will provide. Canon respects how we built our business with our partners and supports our strategy of providing open platform solutions and therefore the need to remain a standalone company within the Canon Group. We feel this step is right for taking both our business and support for suppliers and partners to a new level.”


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