Panasonic Projector & Display Acquires HIVE, Strengthening Integrated Visual Solutions for Immersive Environments
Japan, May 19 -- Panasonic Projector & Display Corporation ("Panasonic") announced that it has acquired 100% of the issued shares of UK-based media technology company Hive Media Control Ltd. ("HIVE"), strengthening its capabilities in media playback and control for immersive and fixed-installation environments.The acquisition marks a further step in Panasonic's evolution from a hardware-led manufacturer into a broader visual solutions ecosystem provider, expanding its proposition beyond projection and display into software, workflow and integrated media-delivery solutions.At the same time, HIVE will continue to operate as a standalone business with a vendor-neutral market approach. Panasonic will support HIVE's continued growth while preser...
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