Wednesday, September 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
USB-IF Announces USB Audio Over USB Type-C Specifications
Roxio Creator NXT 5 Supports Disc Burning With Multi-Camera Video Editing
ARM Unveiled New On-chip Interconnect Technology
AMD Brings The Power Of Polaris To Embedded With New Radeon E9260 and E9550 GPUs
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
Xiaomi Mi 5S Plus Guns for Apple
Samsung Says Global Replacement Program for Galaxy Note7 Has Made Progress
NXP Says New ARM Cortex-A7 Processor Is The Industry's Lowest Power
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Releases New LUMIX Cameras Including The 6K LUMIX GH5
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Nissan Said to Exit Battery Business
Panasonic To Pay 129 Million Euros Fine Over Cathode Ray Tube Price Fixing Case
Panasonic Unveils 8K Ultra-bright Images Created by Four 4K Projectors
Panasonic LUMIX GX85 Packs High Image Quality In a Compact Body
Panasonic Develops Secong Generation Freeze-ray Optical Disc-Based Data Archive System
Panasonic Announces Two New Rugged Smartphones
Panasonic At CES 2016
Panasonic And Facebook Develop Optical Disc-Based Data Archive System For Data Centers
Panasonic Develops Single Cable and Connector Solution for Transmission of 8K Video Signals
Panasonic Develops Resin Film For Stretchable Electronics

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .