"PSCEU has changed its strategic direction as part of a global transformation. Therefore, we have been looking for a partner company to successfully continue our security and IMV business and expand it according to the requirements of today's market and customers. We are convinced that PIPS is the best choice to successfully run this business in the future", explains Hiroyuki Nishiuma, Managing Director of PSCEU.

The new company will be based in Amsterdam, the Netherlands.

About Panasonic Industrial Medical Vision

Panasonic Industrial Medical Vision offers complete and OEM camera solutions for various fields: from applications in medicine (neurosurgery, ophthalmology, endoscopy, microscopy) and research laboratories to industry (quality control, inspection) and film production (nature documentaries and sports).

About Panasonic Security Solutions

Panasonic Security Solutions produces cameras and image recording systems. With AI technologies such as facial recognition and analytics capabilities, Panasonic's solutions are suitable for many cost-effective security systems. They can also be used to optimize the user experience in areas such as personalized advertising or even visitor flow, for example, for better service.