M&A Deal Summary

Axis Acquires 2N Telekomunikace a.s

On May 30, 2016, Axis acquired technology hardware company 2N Telekomunikace a.s

Acquisition Highlights
  • This is Axis’ 1st transaction in the Technology Hardware sector.
  • This is Axis’ 1st transaction in Czech Republic.

M&A Deal Summary

Date 2016-05-30
Target 2N Telekomunikace a.s
Sector Technology Hardware
Buyer(s) Axis
Deal Type Add-on Acquisition

Target

2N Telekomunikace a.s

Prague, Czech Republic
2N Telekomunikace a.s is an IP intercom provides. It develops and provides solutions for ICT and physical security industry.

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Buyer(S) 1

Buyer

Axis

Lund, Sweden

Category Company
Founded 1984
Sector Technology Hardware
Revenue 6.6B SEK (2015)
DESCRIPTION

Axis offers intelligent security solutions that enable a smarter, safer world. The company drives the industry by continually launching innovative network products based on an open platform - delivering high value to customers through a global partner network. It has long-term relationships with partners and provides them with knowledge and ground-breaking network products in existing and new markets. Axis was formed in 1984 and is based in Lund, Sweden.


DEAL STATS #
Overall 3 of 4
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 3 of 4
Country (Czech Republic) 1 of 1
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Citilog

Bagneux, France

Citilog is a provider of intelligent real-time video monitoring for traffic and transportation security and safety. Citilog was founded in 1997 and is based in Bagneux, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-03 Cognimatics AB

Lund, Sweden

Cognimatics AB is a provider of store optimization solutions targeting the retail sector. Cognimatics offers a suite of video analytics applications that can be used to provide retailers with insightful behavioral intelligence that helps optimize their operations, improve customer experience, and enhance security and safety.

Buy -