News
 

Bookmark and Share

(0) 

Sony Corp. and NEC Corp. announced on Thursday that they have signed an agreement to transfer NEC’s 45% stock in Sony NEC Optiarc to Sony. The move will strengthen Sony’s positions on the market of optical disc drives (ODDs).

As a result of this agreement, Sony will make Sony NEC Optiarc a wholly-owned subsidiary of the Sony Group, and will seek to strengthen its interaction with Sony group’s product and device businesses to further streamline decision-making processes, enhance management responsiveness and further reinforce its next-generation optical disc drive business.

NEC will continue to contribute to the advancement of Sony NEC Optiarc optical disc drive products through the LSI development being carried out at NEC Electronics Corp.

Sony and NEC separated their optical disc drive businesses and combined each company’s respective strengths in the Sony NEC Optiarc joint venture, established April 3, 2006, with the aim of achieving further business expansion.

Tags: Sony, NEC

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Thursday, November 6, 2014

6:48 am | LG’s Unique Ultra-Wide Curved 34” Display Finally Hits the Market. LG 34UC97 Available in the U.S. and the U.K.

Wednesday, October 8, 2014

8:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture