Topic: How To Invest

Spinoffs & Takeovers Hotline – Friday, March 21, 2025

Article Excerpt

AXON ENTERPRISES INC., $560.00, symbol AXON on Nasdaq, is best known for its Taser line of non-lethal weapons for law enforcement and consumers. The law enforcement technology company also sells body cameras, in-car cameras, software and drones. Axon has two operating segments: Taser (38% of revenue): Through this segment, Axon is the market leader in the development, manufacture and sale of Conducted Energy Devices (CEDs). It sells those devices under its brand name, Taser. CEDs are tools that provide an electric shock aimed at temporarily disrupting muscle functions and/or inflicting pain. Software & Sensors (62%): Axon develops, manufactures and sells fully integrated hardware and cloud-based software solutions that let law enforcement capture, securely store, share and analyze video and other digital evidence. The software unit includes a cloud-based digital evidence management platform. Most notably, it works with Axon body camera footage. Note: Axon just announced that starting in the first quarter of 2025, it would realign its two segments into two new ones: Connected…