i-PRO Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Masato Nakao; hereinafter "i-PRO") announces that it has completed the integration of the sales and marketing functions for i-PRO products for domestic distributors, which were previously handled by the Field Solution Company of Panasonic Connect Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President and CEO: Yasuyuki Higuchi; hereinafter "Panasonic Connect"), as announced on October 23 of last year. Additionally, to strengthen our domestic sales structure, we have opened new sales offices in Osaka and Nagoya.
In conjunction with this, employees involved in the relevant operations at Panasonic Connect will transfer to our company effective today. The approximately 500 business partners who currently purchase our products through Panasonic Connect (resale) will conduct business directly with us starting April 1 of this year. *Note 1
With this integration, i-PRO will promote collaboration across development, manufacturing, and sales to enhance competitiveness and accelerate business growth, while continuing to provide highly reliable, high-quality products and solutions.
[Table: i-PRO Osaka Sales Office: SORA Shin-Osaka 21 8F, 2-1-3 Nishimiyahara, Yodogawa-ku, Osaka-shi, Osaka; i-PRO Nagoya Sales Office: Sumitomo Life Nagoya Building 15F, 2-14-19 Meieki-minami, Nakamura-ku, Nagoya-shi, Aichi]
*Note 1: For end-users who purchase our products directly from Panasonic Connect (direct sales) and customers who purchase from Panasonic Corporation Electric Works Company, there will be no changes to existing contracts.
Reference: Press release dated October 23, 2024: i-PRO - Conclusion of Agreement to Succeed Sales and Marketing Functions for i-PRO Products from Panasonic Connect Co., Ltd.
[About i-PRO Co., Ltd.] i-PRO Co., Ltd. is a global leader in security, safety, and medical edge computing cameras. Using high-quality, highly reliable hardware cultivated over more than 60 years, we develop cutting-edge technology that utilizes images at the site of decision-making. i-PRO products are designed to be easily customized and integrated, flexibly responding to all customer applications.
We utilize AI ethically and responsibly, provide robust cybersecurity, and offer sustainable technology. i-PRO has been a participant in the United Nations Global Compact since 2023.
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- Source: PR TIMES
- Category: M&A