📸Canon Inc. to acquire BriefCam Ltd.

By Camera, precision

📸Canon Inc. to acquire BriefCam Ltd.

TOKYO, May 9, 2018—Canon Inc. (“Canon”; Headquarters: Tokyo, Japan; Chairman and CEO: Fujio Mitarai) announced today that it has concluded a stock purchase agreement with BriefCam Ltd. (“BriefCam”; Headquarters: Modi’in-Maccabim-Re’ut, Israel; President and CEO: Trevor Matz), to acquire BriefCam.

BriefCam develops and markets video content analysis (VCA) software that utilizes proprietary Video Synopsis® technology.

This transaction is conditional upon the clearance of necessary competition regulatory authorities.

Canon Global

http://global.canon/en/news/2018/20180509.html

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