Michael Moskowitz, President of Panasonic Canada and former Palm Canada GM, said this move represents Panasonic addressing the company’s goal to become a full scale service integration organization.
Panasonic also has a new strategy to build or expand into lines of business such as housing, public safety, solar and energy storage.
Moskowitz said by harnessing the strength of Quickservice Technologies’ integration services, and Panasonic’s technology innovation, the company will bring solutions to the most complex business challenges facing organizations now and in the future.
The acquisition is expected to close by the end of February. The new company will be called “Quickservice Technologies, A Panasonic Company” and will operate as a separate division of Panasonic Canada when the acquisition closes, again similar to the arrangements with Ideaca and IT Weapons.
Approximately 100 Quickservice staff will join the Panasonic Canada team.