AXON ENTERPRISE, INC. acquires Axon AI - Dextro, Inc. and Misfit computer-vision team (from Fossil Group)

AXON ENTERPRISE, INC. acquired Axon AI - Dextro, Inc. and Misfit computer-vision team (from Fossil Group), a transaction completed in February 2017.

Axon AI - Dextro, Inc. and Misfit computer-vision team (from Fossil Group) operates in Artificial intelligence - public safety video analytics. TASER (now Axon) made two acquisitions to launch a new artificial intelligence group called 'Axon AI': Dextro, Inc., a computer-vision and deep-learning system that makes the visual contents in video searchable in real time, and the computer-vision team acquired from Fossil Group, Inc. (originally part of Fossil's acquisition of Misfit, Inc.). The acquired technologies and team of nearly 20 researchers and engineers accelerate AI-powered capabilities for public safety.

TASER announced the two acquisitions to launch the Axon AI group, with Dextro forming the technology backbone of the new Axon AI platform and the Fossil/Misfit machine-vision team focused on improving accuracy, efficiency and speed of processing images.

Dextro's computer-vision system makes video contents searchable in real time, forming the technology backbone of Axon AI; the Fossil/Misfit team added ~20 machine-vision researchers and engineers. Combined technology and team launched the Axon AI platform for video analytics across Axon's body-camera and evidence ecosystem. Axon AI group

Advisory firms were not disclosed for this transaction.