Axis acquires 2N, the number one company in IP intercom

The acquisition addresses the growing IP video intercom market and further
strengthens Axis Communications’ solution offering.
2N is the number one player in the field of IP intercom, and also operates in
other areas, for example IP audio and IP lift intercom. The company 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
positon and R&D resources.

– The acquisition supports our ambition to contribute to a smarter and safer
world. There is an increased customer demand for integrated solutions with open
standards that deliver enhanced security. Together with 2N we can meet that
demand, says Peter Lindström, Vice President New Business at Axis
Communications.

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.

– 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,
says Peter Lindström.

About 2N

2N is the number one player in the field of IP intercom, according to IHS. 2N
develops and provides solutions for ICT and physical security industry and has a
leading market position when it comes to IP audio and IP intercom (Door and
Emergency IP Intercoms). 2N has about 200 employees, and has its HQ in Prague,
Czech Republic.
For further information, read the interview with Peter Lindström
here (http://www.axis.com/about-axis/axis-acquire-2N-interview-with-peter), or
please contact:

Björn Hallerborn, PR & Corporate Communications Manager, Axis Communications

Phone: +46 46 272 34 97 E-mail: bjorn.hallerborn@axis.com

Submitted for publication May 30, 2016.
About Axis Communications
Axis offers intelligent security solutions that enable a smarter, safer world.
As the market leader in network video, Axis is driving the industry by
continually launching innovative network products based on an open platform -
delivering high value to customers through a global partner network. Axis has
long-term relationships with partners and provides them with knowledge and
ground-breaking network products in existing and new markets.
Axis has more than 2,100 dedicated employees in more than 50 countries around
the world, supported by a global network of over 80,000 partners. Founded in
1984, Axis is a Sweden based company listed on NASDAQ Stockholm under the ticker
AXIS.

For more information about Axis, please visit our website www.axis.com.