Panasonic acquires cloud-based video surveillance company

Panasonic announced it has acquired Cameramanager.com, a leading provider of Video Surveillance as-a-Service (VSaaS) in Europe. The acquisition of the cloud-based video solutions company reinforces Panasonic’s existing security business as it looks to extend its cloud-based solutions to the business and consumer markets. As part of the acquisition, the Cameramanager.com team will join Panasonic Europe. Cameramanager.com is a provider for online security cameras, managing over 40,000 camera connections globally. It offers cloud-based camera surveillance connecting to PC, Mac, smartphone and tablet. The management of Cameramanager.com says it looks forward to take the next step in the company’s development by joining forces with Panasonic to bring end-to-end, cloud-based surveillance.