Firepro Systems, incorporated in 1992 by N S Narendra as a proprietorship, is an Indian company that provides services for

fire protection Fire protection is the study and practice of mitigating the unwanted effects of potentially Conflagration, destructive fires. It involves the study of the behaviour, Compartmentalization (fire protection), compartmentalisation, suppression and inve ...

, security, and

building management Building management (in the UK) is a discipline that comes under the umbrella of facility management. Hard services usually relate to physical, structural services such as fire alarm systems, lifts, and so on whereas soft services allude to cleaning ...

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 is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Osaka, Kadoma, Japan. It was founded in 1918 as in Fukushima-ku, Osaka, Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and c ...

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
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References

External links

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