TASER International, Inc. (NASDAQ:TASR) Files An 8-K Other Events
Item 8.01 Other Events
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Item 9.01 Financial Statements and Exhibits
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issued a press release announcing two acquisitions that will form
a new artificial intelligence group called Axon AI. The acquired
technologies and team of nearly 20 researchers and engineers will
accelerate the introduction of new artificial intelligence
powered capabilities for public safety.
and deep learning system to make the visual contents in video
searchable in real time. Agencies and departments will have the
ability to quickly isolate and analyze the most important seconds
of footage from massive amounts of video data. This acquisition
will form the technology backbone of the new Axon AI platform.
wearables, which had been previously acquired by the Fossil
Group. The team includes machine-vision researchers focused on
improving the accuracy, efficiency and speed of processing images
and video. Together, these acquisitions will broaden the Companys
industry-leading digital evidence management system to enable
customers to gain more insight from video, photos and audio to
improve training, operations and community engagement.
hereto as Exhibit 99.1 and is incorporated into this Item 8.01 by
reference.
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Exhibit
Number
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Exhibit Description
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99.1
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Press release dated February 9, 2017
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About TASER International, Inc. (NASDAQ:TASR)
TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) designed for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The Company is also engaged in development of connected wearable on-officer cameras, which utilize its cloud-based digital evidence management solution (Axon solution). The Company operates through two segments: the sale of CEWs, accessories, and other products and services (the TASER Weapons segment), and the Axon business, focused on wearables, cloud and mobile products, including Axon video products, TASER Cam and Evidence.com (the Axon segment). The Company’s TASER Weapons product line includes TASER X26P, TASER X2, TASER C2, TASER Pulse and Replacement Cartridges. Its Axon hardware products include Axon Body, Axon Body 2, Axon Flex, TASER Cam HD, Axon Fleet, Axon Interview, Axon Signal and Axon Dock. TASER International, Inc. (NASDAQ:TASR) Recent Trading Information
TASER International, Inc. (NASDAQ:TASR) closed its last trading session 00.00 at 26.54 with 880,765 shares trading hands.