Changes unveiled for Panasonic’s European security business

The security and IMV businesses, which are part of Panasonic’s Connected Solutions Company, have a successful history of around 60 years of product and solutions development when it comes to security and medical equipment. Building on innovation and technology leadership to correspond with the needs and requirements of the market by offering outstanding image quality as well as product reliability, the business is an established and leading player in the European market.

With the strategic focus of PSCEU changing, Panasonic and PIPS decided to transfer the business and establish the new i-PRO EMEA company, in turn aiming to expand and build upon the legacy that Panasonic has built across several decades of operation.

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

Masato Nakao, chairman of the Board and CEO of PIPS, observed: “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. We have been developing and delivering products for our customers that incorporate various innovations based on our vision of extending human senses through technology to capture moments of truth such that professionals operating on the front line can act.”

Nakao concluded: “In order to realise our philosophy of ‘The Power of Truth’ that’s embodied in our company logo, we will continue to be flexible in our thinking, bold in our endeavours and sincere in all of our initiatives.”

i-PRO EMEA will be headquartered in Amsterdam and, as stated, begin operations on Friday 1 October 2021. Daily operations will continue as normal during the transition from Panasonic to i-PRO EMEA.

*Further information is available online at https://business.panasonic.co.uk/security-solutions/about-security-solutions