Panasonic's (TYO:6752) unit has acquired 100% of the shares of UK-based Hive Media Control for an undisclosed value, according to a statement on Tuesday.
The deal marks Panasonic's shift from a hardware maker to a visual solutions provider, expanding beyond projection into software, workflow, and integrated media delivery.
HIVE will remain an independent, vendor-neutral business, with Panasonic backing its growth.
With HIVE, Panasonic will be able to access media server capabilities central to immersive environments and large-scale visual installations, managing playback, synchronization, and control across screens, thereby supporting customers across more of the workflow from playback to deployment.
Comments