Austin American-Statesman

Police tech firm acquires top body-camera rival

- By Joshua Brustein Bloomberg News

Axon Enterprise, the police technology company best known for its Taser stun guns, agreed to purchase its main competitor in the body camera industry, Vievu. The combinatio­n of the two largest providers of the recording devices will create a dominant force in police surveillan­ce. The companies declined to disclose financial details; Axon said it would discuss them in its quarterly earnings call on Tuesday.

Body cameras and related software services account for just over 30 percent of Axon’s revenue, but the company expects the business to surpass Taser in the next few years. Body cameras have spread rapidly across the U.S., a response to pressure from critics of police department­s and many of their backers. Their use remains controvers­ial, largely around surveillan­ce risks and the still-evolving landscape of rules governing their use. Axon was already in a central role to help shape the way the technology is used. That will be even more true after the Vievu acquisitio­n.

The deal caps a long and contentiou­s relationsh­ip between the two companies. Before starting Vievu in 2007, Steve Ward worked at Axon, then known as Taser. His former employer sued him, alleging he stole trade secrets. The case was eventually settled. With Axon apparently reaching the limits of growth for its Taser business, it turned to body cameras, and the two companies entered a city-bycity race to sign up police forces. Axon shares gained as much as 6 percent on Friday after the deal was announced.

Safariland LLC, a company whose primary business is body armor, bought Vievu in 2015. The intention was to compete with Taser in the burgeoning market for body cameras, which was heating up in an atmosphere where concern over police misconduct had spiked due to a series of high-profile deaths.

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