Panasonic Connect has sold its commercial projector business to Japanese financial services group Orix. .Orix is said to believe the value of the business can be increased thanks to the recovery in in-person events and other business activities.
Panasonic put its commercial projector division up for sale in May, to raise funds for the acquisition of a supply chain software developer for its systems business.
Source: Panasonic Connect finds a buyer for projector business