Firepro Systems, incorporated in 1992 by N S Narendra as a proprietorship, is a company that provides integrated solutions for

fire protection Fire protection is the study and practice of mitigating the unwanted effects of potentially destructive fires. It involves the study of the behaviour, compartmentalisation, suppression and investigation of fire and its related emergencies, as we ...

, security and building management systems. The company went global early and used to get 25% of its revenues from overseas. In 2008 when the real estate market suffered a setback, FirePro was affected. In 2011 the company ran into a financial crisis and was unable to pay some of its employees. On 11 May 2012,

Panasonic formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb ...

announced plans to acquire a 76.2% stake in the Rs. 700 crore Firepro Systems.Panasonic announces that it makes Firepro Systems Private Limited (India) its sub-subsidiary through Share Acquisition
/ref>

References

External links

Official website
Information technology companies of Bangalore Indian companies established in 1992 1992 establishments in Karnataka Software companies established in 1992 {{India-company-stub