Axis Communications, a technology leader in network video, has acquired FF Group, an innovative provider of vehicle number plate recognition solutions. With this acquisition, Axis Communications is ideally positioned to further drive innovation and growth in the traffic solutions market and offer additional value to its partners and customers. ‘The market for traffic applications is growing steadily. The acquisition of FF Group will enable us to build additional expertise and capacity in the field of licence plate recognition and further strengthen our leading position in the industry,’ says Ray Mauritsson, CEO of Axis Communications. Headquartered in Prague, FF Group is a leading provider of vehicle number plate recognition applications. The acquisition of the company gives Axis Communications an expanded portfolio of tools for development and expansion in the continuously growing market for traffic solutions. In addition, FF Group’s advanced analysis capabilities can also be used in application scenarios beyond the traffic sector. ‘FF Group has been a valued partner of Axis Communications since 2017, supporting us with innovative and competitive applications and valuable expertise. I am delighted to welcome FF Group as part of Axis Communications and am confident that this acquisition will create additional value for our customers,’ says Ray Mauritsson. The integration process to incorporate FF Group into the organisational structure of Axis Communications will now begin. As part of this process, Axis Communications and FF Group will focus on ensuring seamless business continuity for their customers.

About FF GroupHeadquartered in Prague, FF Group was founded in 2016. The company specialises in edge AI and data analytics for the transport and security markets in more than 30 countries and develops intelligent software that combines licence plate recognition, advanced data processing and camera-to-camera communication technology. www.ff-group.ai.