Jim McHale, Analyst at Memoori market research firm:
It surprised many in the industry that Canon, not a big player in the network camera market, should steal this coveted prize from right under the noses of the major camera manufacturers.
The synergy of this acquisition is that they can learn from Milestone. For Milestone, they will gain investment dollars and move their product development on to consolidate their current position in VMS and enlarge their scope.
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