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Automotive Systems Business Division, Automotive Company, Panasonic, formerly Panasonic Automotive Systems (PAS), [125] is a subcontractor to most vehicle manufacturers, supplying Japanese, American and also many European automakers. In 2015, PAS had a revenue of $12.4 billion. [126] Panasonic also purchased the assets of Sanyo Corporation in 2017.
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Panasonic Avionics Corporation (PAC) designs, engineers, manufactures, sells and installs customized in-flight entertainment and communications devices to airlines worldwide. It is a subsidiary of Panasonic Corporation of North America , the principal North American subsidiary of Panasonic Corporation , and operates under the umbrella of the ...
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On April 21, 2021, Panasonic announced that it had agreed to acquire Blue Yonder from Blackstone and New Mountain Capital for $7.1 billion. [17] Panasonic had taken a 20% minority stake in Blue Yonder in 2020. [17] [18] The acquisition was closed on September 17, 2021. [19] [20] The company operates under the umbrella of the Panasonic Connect ...