Axis sells Citilog to TagMaster

Press release
April 29, 2021 - Lund, Sweden
Axis Communications is selling its subsidiary Citilog SAS to TagMaster AB. The transaction is  expected to close on April 30th. Axis will continue to cooperate with Citilog and TagMaster as partners.

Axis acquired Citilog in early 2016 with the purpose to expand Axis offering in the transportation segment. Following the acquisition, Citilog operated as an independent entity in the Axis group.  

“Axis and Citilog have different go-to-market models that have proven challenging to integrate. We believe we can benefit more from having a close partnership with Citilog and TagMaster, with Citilog being a subsidiary to TagMaster,” says Axis CEO Ray Mauritsson.  

TagMaster is an application-driven technology company with business areas including Traffic Solutions and Rail Solutions. TagMaster was founded in 1994 and has its headquarters in Kista, Sweden. They are already established in Axis partner network. 

“We will, in close cooperation with all our partners, continue to offer products and solutions to customers in all segments, including transportation and traffic management,” says Ray Mauritsson. 

For further information, please contact: Björn Hallerborn , PR & Corporate Communications Manager, Axis Communications
Phone: +46 46 272 18 00

About Axis Communications

Axis enables a smarter and safer world by creating network solutions that provide insights for improving security and new ways of doing business. As the industry leader in network video, Axis offers products and services for video surveillance and analytics, access control, intercom and audio systems. Axis has more than 3,8​00 dedicated employees in over 50 countries and collaborates with partners worldwide to deliver customer solutions. Axis was founded in 1984 and has its headquarters in Lund, Sweden. For more information about Axis, please visit our website www.axis.com.