Sweden. According to the 2010 results report, Axis Communications achieved net sales of more than US$493 million thanks to the growing demand for the products in all markets, the inventory situation and their high availability.According to Ray Mauritsson, President of Axis, "the company has strengthened its position as a leading provider of network video products, and has had considerable interest in all regions in surveillance equipment installations within the retail, urban video surveillance and transportation segments, thus allowing us to continue with the global expansion."
According to the same report, in the last quarter of 2010 sales grew by 33% compared to the same period of the previous year and thanks to this the company ended the year with 914 employees, 140 more than they started.
Likewise, the company announced the reinforcement of the patent catalogs, thanks to the acquisition of the "Internet Camera Portfolio" owned by its affiliate Hoya Corporation, which strengthens and safeguards the possibilities of future sales of Axis Communications network video products.
