Tuesday, November 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony To Provide Refunds To Users Over Misleading Ads For PlayStation Vita
Blu-ray Movie Discs Used As Templates For Improving Solar Cell Performance
PC Outlook Remains Cautious
Trade Your iPhone for BlackBerry Passport And Get $550
GreatFire.org Unblocks BBC Chinese
Samsung Introduces EYECAN+ Mouse for People with Disabilities
T-Mobile To Disclose More Information Related To Consumers Using Mobile Speed Tests
Toshiba Develops Low-bitrate SHVC Encoding Technique For Efficient HD to 4k Conversion
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > Optical Storage > Deluxe ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 20, 2002
Deluxe poised to acquire stake in Ritek global media


TDB has learned that an announcement regarding a deal between media manufacturing giants Deluxe Video Services and Ritek Global Media is imminent. Insiders report that talks have been ongoing for several months between the two companies, with the intent by Deluxe to acquire an equity stake in Ritek Global Media, the North American and European DVD manufacturing division of Taiwan-based Ritek Corp., with manufacturing operations in California and Ireland. Deluxe has plants in Arkansas, Illinois and California.

Neither Ritek nor Deluxe would make an official comment on the pending acquisition, nor comment on the percentage of the equity stake Deluxe is seeking. However, well-placed sources have confirmed that such a move is imminent, likely within the next two weeks. Some were surprised an announcement had not yet been made, attributing the delay to legal details. No major roadblocks are said to exist to impede concluding the deal.

The acquisition would provide some synergies for the two companies: it would give Deluxe — which has lagged in the DVD domain — significant capacity in that format; Ritek Global Media has an estimated annual DVD manufacturing capacity of approximately 80 million discs. (Deluxe acquired a limited DVD manufacturing capability when it bought Pioneer’s DVD plant in California two years ago.) Ritek would also bring one major DVD studio deal to the venture, in the wake of its gain of the Fox International home video business last year. Deluxe would bring substantial VHS duplication capacity, as well as significant additional distribution capability.

These synergies would make a combined Deluxe/Ritek Global Media venture more attractive to film studios looking for a wide range and scale in media manufacturing and other services. It would also present a marketing perception of an enlarged global media player to the content industry, the better to compete with other mega-players as they consolidate to achieve larger scales, such as the Panasonic/Technicolor merger earlier this year.


Previous
Next
Yamaha adds three new external CD recorders to its CRW-F1 line-up        All News        Yamaha adds three new external CD recorders to its CRW-F1 line-up
Yamaha adds three new external CD recorders to its CRW-F1 line-up     Optical Storage News      Yamaha adds three new external CD recorders to its CRW-F1 line-up

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Ritek Releases New BD-R DL 6X Discs
RiDATA M-Disc DVD-Rs Now Available
Ritek Blu-ray M-Disc Available In August
RITEK Launched Recordable Permanent Storage - M-DISC DVD
RITEK To Showcase BDXL Blu-Ray Discs in Computex
Ritek And CMC Receive To Benefit From Moser Baer Finacial Troubles
RITEK Launches Capless USB 3.0 Flash Drive
RITEK USB3.0 Storage Products Launched at Computex Taipei
Ritek Certified For 4x BD-R DL Production
Philips Reaches Consensus with Ritek and CMC
Ritek at CES
Ritek to Accelerate Blu-ray Production

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 .