Panasonic i-PRO Sensing Solutions Corporation of America brought together its reseller and integration partners for three days of education and networking as they presented the roadmap for the new company’s products, technologies and solutions. 

Panasonic announced that it will establish a new company to operate its security systems business in Japan and overseas, and that it has reached an agreement for strategic co-investment with Polaris Capital Group. 

Panasonic Corporation, Osaka, announced it has entered into an agreement to acquire all shares of Houston-based Video Insight Inc., a developer of video management software, as part of its strategy to expand business opportunities for both companies in the education market in North America. Panasonic Group has set a clear target of reaching 10 trillion yen in sales by 2018; and B2B solutions, including security systems and video surveillance, will play an important part in achieving this high growth globally.