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  5. Canon Acquires Axis

M&A Deal Summary

Canon Acquires Axis

On February 10, 2015, Canon acquired technology hardware company Axis for 23.6B SEK

Acquisition Highlights
  • This is Canon’s 1st transaction in the Technology Hardware sector.
  • This is Canon’s 0th largest (disclosed) transaction.
  • This is Canon’s 1st transaction in Sweden.

M&A Deal Summary
Date 2015-02-10
Target Axis
Sector Technology Hardware
Buyer(s) Canon
Deal Type Add-on Acquisition
Deal Value 23.6B SEK

Target

Axis

Lund, Sweden
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.

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Buyer(S) 1

Buyer

Canon

Tokyo, Japan
Category Company
Founded 1933
Sector Technology Hardware
Employees111,733
Revenue 4.51T JPY (2024)
DESCRIPTION

Canon is a manufacturing company. The Office segment develops, manufactures and sells office complex machines and copiers, personal copiers, laser complex machines and printers, digital production printing systems, business high-speed continuous printers, wide format printers and document solutions. Canon was incorporated in 1933 and is based in Tokyo, Japan.

DEAL STATS #
Overall 2 of 4
Sector: Technology Hardware M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Sweden M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-23 Molecular Imprints

Austin, Texas, United States

Molecular Imprints Inc. (MII) the market and technology for nanopatterning systems and solutions uses its innovative Jet and Flash.Imprint Lithography (J-FIL) technology to provide high-resolution, low cost-of-ownership nanopatterning capability for flat panel display, hard disk drive industries, light emitting diodes, life science and other high tech industries.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-31 Quality Electrodynamics

Mayfield Village, Ohio, United States

Quality Electrodynamics LLC (QED) is a global developer, manufacturer, and supplier of advanced medical equipment electronics. Current products include cutting edge MRI radiofrequency (RF) antennas/coils for diagnostic imaging at the full range of magnetic field strengths. Most of these are FDA Class II noninvasive devices used for obtaining diagnostic images for various human anatomies.

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