fromTechzine Global
1 week agoAxis Communications acquires FF Group for license plate verification
Axis Communications is acquiring FF Group, a provider of license plate recognition technology. The acquisition is intended further to strengthen Axis's position in the traffic market. FF Group has been a partner of the Swedish company since 2017. Axis Communications CEO Ray Mauritsson explains the acquisition. "The market for traffic applications is growing. Acquiring FF Group will strengthen our competitiveness, knowledge, and capabilities in license plate verification," he says.
Artificial intelligence