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Panasonic makes changes to its security business

by Andy Clutton

Panasonic Europe B.V. and Panasonic System Communications Company Europe (PSCEU) have announced the transfer of the European Security and Industrial Medical Vision (IMV) businesses, currently part of PSCEU, into a newly founded independent company, i-PRO EMEA B.V. (i-PRO EMEA). The new company will formally start its operations from 1 October 2021, and will be part of the Japan-based Panasonic i-PRO Sensing Solutions Co (PIPS).

“We have grown the European Security and IMV Businesses substantially thanks to the close and successful collaboration with our strong partner network and I would like to thank them for their ongoing support. Due to a global change in the strategic direction of PSCEU, we have been looking for a company to collaborate with that can successfully continue and develop our Security and IMV businesses to meet the future requirements of the market and customers. We think that PIPS is the best choice to lead this business into a flourishing future,” said Hiroyuki Nishiuma, Managing Director, PSCEU.

“We are very pleased to have established a new i-PRO site in Europe. Establishing i-PRO EMEA is a major step towards the further growth of i-PRO globally,” said Masato Nakao, Chairman of the Board & CEO of Panasonic i-PRO Sensing Solutions Co.

In a webinar to announce the news, Gerard Figols, European Head of the Panasonic Security Business Unit said that UK installers will not notice any difference in the supply and ordering of products.

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