Panasonic reinforces its offer in the educational security market with the acquisition of Video Insight

Vídeo Insight's VMS solutions will allow Panasonic to strengthen its presence in the educational market and help it achieve its sales objectives for 2018, in whose strategy security and video surveillance systems are key elements.

Panasonic Corporation has signed an agreement to acquire all the shares of the Houston-based firm, Vídeo Insight, a developer of video management software (VMS). This operation is part of Panasonic's strategy to strengthen its presence in the North American educational market.

Founded in 2002, Vídeo Insight provides VMS solutions for IP security systems to more than 25.000 clients in the financial sector, Administration, retail trade, transport, and education.

The Panasonic Group has set itself the goal of reaching a sales level of 10 trillions of yen in 2018, and B2B solutions, including security and video surveillance systems, play a crucial role in this global growth.

As customer needs in the video surveillance market become increasingly diversified, video management software with the ability to integrate multiple devices has become a key element. With Vídeo Insight solutions, Panasonic will enhance its security solutions portfolio and strengthen its presence in the educational environment.

“This agreement will help us accelerate innovation, improve product development and allow us to offer our customers the best security solutions for the coming years, explains Robert J. Shaw, presidente ejecutivo de Video Insight.

As part of the agreement, Vídeo Insight permanecerá bajo la dirección de sus fundadores J. Robert Shaw y James Whitcomb, y continuará desarrollando su sistema de plataforma abierta que hoy soporta más de 2.500 modelos de cámaras de más de 100 fabricantes.