Publications across the AV industry are now reporting that Panasonic has found a buyer for its projector division. This follows weeks of speculation after it was first reported in May that Panasonic was looking to exit from projection. Japanese financial services group Orix is believed to be paying 100 billion yen (£490m, $639m, €580m) for Panasonic’s projector division, with Panasonic being one of the most well established and highly regarded brands within the industry, particularly for large-scale, high brightness projection.