CHICAGO, Feb. 12, 2015 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global, mid-market investment bank, is pleased to announce that Panasonic Corporation ("Panasonic") has acquired all shares of Video Insight, Inc. ("Video Insight" or the "Company"), a leading developer of video management software, as part of its strategy to expand business opportunities in the education market in North America. Based in Houston, Texas and 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 schools and campuses.
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Panasonic 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's enterprise-class video management software to Panasonic's portfolio of security solutions enhances Panasonic's product offering and broadens its reach into the education market.
Lincoln International acted as the exclusive financial advisor to Panasonic, working closely with management throughout the acquisition process by coordinating due diligence, advising on negotiations and supporting the process.
J. Robert Shaw, CEO of Video Insight, said, "We're excited and honored to partner with the Panasonic Group. 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."
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
Media Contact: Kelly Neroda
[email protected]
(312) 506-1950
SOURCE Lincoln International
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