Panasonic acquires Video Insight

Panasonic has announced the acquisition of video management software developer Video Insight. The deal was concluded for an undisclosed amount.

Video Insight was founded in 2002 and provides commercial video management solutions for security systems to end-users in financial, government, retail, and transportation markets.

With the acquisition of Video Insight, Panasonic plans to strengthen its B2B solutions, specifically security and video surveillance systems for the education sector.

Video Insight founders Shaw and James Whitcomb will continue to lead the firm as part of the deal.