2N has well-established sales channels through electricians and telecom installers as well as lift manufacturers, which can serve as a complement to Axis’ present global sales channels. At the same time 2N will benefit from Axis’ strong market position and R&D resources.
“The acquisition supports our ambition to contribute to a smarter and safer world,” said Peter Lindström, Vice President New Business at Axis Communications. “There is an increased customer demand for integrated solutions with open standards that deliver enhanced security. Together with 2N we can meet that demand.
“The 2N brand will remain, and the company will operate as a subsidiary within the Axis group. The joint operations will concern knowledge sharing and assisting each other in R&D and market access. An important joint task is to accelerate the convergence from analog systems towards IP intercom and develop new opportunities,” he added.
“We plan for development and growth for Axis as well as for 2N. The market is growing, and by acquiring 2N we can continue to drive the change in the market.”