Hochiki and Bosch Security Systems co-operate to sell IP Video Surveillance Systems in Japan
· Bosch and Hochiki will jointly build-up Video over IP business in Japan
· Hochiki takes over sales and service provision as well as the design and installation of Bosch video surveillance systems
· Bosch supports the development of a national sales and service organization
Ottobrunn/Tokyo — Bosch Security Systems and the Hochiki Corporation, Tokyo, work together for selling video surveillance products in Japan. The companies signed a contract to this effect on September 24, 2009. “Japan is the world’s third largest market for video surveillance equipment and as such offers both companies excellent opportunities for growth in the Video over IP sector, even in a period of economic tension”, says Johan Jubbega, Senior Vice President at Bosch Security Systems.
Hochiki will primarily sell and install Video over IP systems from Bosch, a market segment which is characterized by high growth rates. Hochiki will create a new video division within their company for this area of operation. Bosch will adapt its products for the Japanese market and will obtain the required Japanese approvals and certifications. Hochiki and Bosch will work in close cooperation to create a nationwide service and sales support organization staffed with specialized system engineers.
The Hochiki Corporation operates worldwide and employs around 1500 employees. Headquartered in Tokyo, Hochiki has other offices in the USA, Great Britain, China and Singapore. Hochiki, founded in 1918, is one of Japan’s leading installation contractors and manufacturers of fire alarm systems and sensors. It consists of five major business categories (Fire Alarm Systems, Smoke Control Systems, Network Systems, Fire Extinguishing Systems and Security Systems). The turnover in the fiscal year 2008 was 432 million euros (65,733 million yen).
Bosch Security Systems is one of the world’s top five suppliers of security safety and communications products and systems, with a turnover of 1.4 billion euros in fiscal 2008 generated by around 11,000 associates at sites across all continents.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 280,000 associates generated sales of 45.1 billion euros in fiscal 2008. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros, or eight percent of its sales revenue, for research and development, and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.
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