News : Konica Minolta to Acquire Majority Stake in MOBOTIX
Tokyo Japan April, 2016 -- Konica Minolta, Inc. (Konica Minolta) announced that the company entered into share transfer agreement with the major shareholder Dr. Ralf Hinkel Holding GmbH, and other shareholders of MOBOTIX AG, a German manufacturer of video surveillance systems (MOBOTIX), regarding the acquisition of the MOBOTIX shares held by them. MOBOTIX has a number of technologies including decentralized processing (edge computing) IP cameras, image data compression, and image data analytics technologies. In addition, Konica Minolta and MOBOTIX intend to enter into a collaboration agreement regarding future technological developments in the field.
Under its medium term management plan "TRANSFORM 2016", Konica Minolta is determined to become a company that is supported by and is vital to society. In this regard, the company believes it is important to continue providing products and services to help solving social issues, including workflow improvement in workplaces.
Konica Minolta enters into this transaction to accelerate the breadth of its solution services business that can help customers solve their issues in various fields, digitalizing data acquired with the company’s proprietary technologies in optical images and sensing.
Published by Laura Collins, Editorial Management
Source : http://www.abptech.com
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The German company MOBOTIX AG is known as a provider of network camera technology
Published: Friday, April 15, 2016