Saturday, August 30, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Hopes To Improve Its Mobile Business With Ex-Qualcomm exec
Kingston HyperX Demos DDR4 Memory at PAX Prime
Corsair and ASUS Fastest DDR4 Memory Kit
Intel Unleashes its First 8-Core Desktop Processor For Gaming
Samsung Partners with Nike On Running App
Samsung Applied for Samsung Quantum Dot TV Trademark
New iPhones Expected at Sept. 9 Event
Google Tests Drones For Delivery Of Goods
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > SANYO B...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 21, 2009
SANYO Becomes A Panasonic Company


Panasonic announced today that it has completed acquisition of a majority of the voting stock of SANYO Electric Co., Ltd. With this acquisition, SANYO has become a consolidated subsidiary of Panasonic and will continue pursuing its business as a Panasonic Group company.

Upon conclusion of a Capital and Business Alliance Agreement on December 19, 2008, the two companies set up a Collaboration Committee. While working to secure approvals for the acquisition from antitrust authorities at home and abroad, they began discussing, within the framework of applicable regulations, how to manage and strengthen the merged company's business and financial positions.

"The new Panasonic Group will strive to realize synergies as early as possible by bringing together the technologies and manufacturing expertise each cultivated over the years and leverage the group synergies to the fullest extent to hone the competitive edge in the global market," the company said in a statement.

"Particularly in the energy business where future growth is expected globally, the Group will strive to become the No. 1 Environmental Innovation Company in the world electronics industry by 2018, when Panasonic marks its 100th anniversary. To achieve this goal, it will capitalize on its solid operating base built upon its industry-leading technologies and innovative products."


Previous
Next
New European Telecoms Rules Enter Into Force        All News        LG Display Unveils 2.6mm- Thin LCD TV Panel
New European Telecoms Rules Enter Into Force     General Computing News      Bluetooth Low Energy Wireless Technology Introduced

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic and Tesla Sign Agreement for the Gigafactory
Panasonic Seeks To Sell Its Mobile Base Station Business to Nokia
Panasonic Updates Toughpad FZ-G1 10-inch Tablet
Intel To Manufacture Future Panasonic SoCs Using Intel's 14nm Low-Power Process
Panasonic Releases Its 2014 Life+Screen AX800 Series 4K Ultra HDTVs
Fujitsu Buys Shares of Panasonic Information Technology Solutions
Panasonic, Samsung Debut Devices For Connected Classrooms
Panasonic Toughpad Line Gets Smaller And Tougher with Rugged Handheld Tablets
Panasonic Weakens Its Research Team
New Panasonic Lumix DMC-FZ1000 Comes With Fast lens And 4K Recording Capability
Toyota, Panasonic Cloud Service Links Cars to Home Appliances
Panasonic to Recall PC Batteries

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .