Prodisc Technology and Optodisc Technology announced yesterday their merger through a new holding company, UPO Industrial Holding Corporation.
Prodisc Technology and Optodisc Technology areamong the top five producers of optical discs in Taiwan.
Prodisc and Optodisc will convert their stock shares into those of UPO to become 100% owned subsidiaries
of the holding company.
By merging, the two companies will save in R&D and procurement costs, according to Prodisc president Tony
Hsu. In addition, the merger can combine the two companies? complementary product lines and clienteles.
Prodisc focuses on DVD+R/-R discs for OEM clients while Optodisc mainly ships DVD+RW/-RW and DVD-RAM discs
to distributors in clone markets, Hsu pointed out. Prodisc and Optodisc have a combined monthly production
capacity of 100 million DVD+R/-R discs, six million DVD+RW/-RW discs and one million DVD-RAM discs.
More information is available at the
DigiTimes.com website.