Panasonic Acquires Video Insight

Panasonic Corporation of North America announced that it has entered into an agreement to acquire all shares of Houston, TX-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. Founded in 2002, Video Insight provides enterprise-class video management solutions for security systems to over 25,000 customers in the financial, government, retail and transportation sectors as well as 6,500 K-12 school and college customers.

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.

As customer needs in the video surveillance market become more diversified, video management software with the ability to easily integrate multiple devices will become even more important. Adding Video Insight to the Panasonic Group enhances the Panasonic portfolio and broadens its reach into education.

“We’re excited and honored to partner with the Panasonic Group,” said Chief Executive Officer J. Robert Shaw. “We believe this partnership will help us accelerate innovation, enhance product development and allow us to provide our customers with better security solutions for years to come.”

As part of the agreement, Video Insight will remain under the strong leadership of its founders J. Robert Shaw and James Whitcomb to continue to evolve the open platform system which today supports over 2,500 camera models from over 100 manufacturers and integrates across the most popular access control platforms.

  • The Z-Wave Alliance Focuses on the Residential Market The Z-Wave Alliance Focuses on the Residential Market

    Mitchell Klein serves as the executive director of the Z-Wave Alliance, an industry organization that drives numerous initiatives to expand and accelerate the global adoption of smart home and smart cities applications. In this Podcast, we talk about the 2022 State of the Ecosystem, and the fact that technology has brought about almost unimaginable residential security resources. The Alliance also provides education resources as well as looking at expanding technology.

Digital Edition

  • Security Today Magazine - May June 2022

    May / June 2022

    Featuring:

    • The Ying and Yang of Security
    • Installing Smart Systems
    • Leveraging Surveillance
    • Using Mobile Data
    • RIP Covid-19

    View This Issue

  • Environmental Protection
  • Occupational Health & Safety
  • Infrastructure Solutions Group
  • Spaces4Learning
  • Campus Security & Life Safety