Thursday, April 26, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD's Revenue increased 40 Percent year-over-year
Qualcomm's Quarterly Profit Falls 51.5 Percent
Facebook Reports Quarterly Profit Fueled by Mobile Ads, No Impact From Analytica Scandal
Philips Momentum 43" HDR Monitor Achieves 1,000 nits of Brightness
China's Pushes into Semiconductor Market
Amazon Alexa and New Echo Dot Speaker Target Kids
Hotel Room Keys Can be Hacked, F-Secure Says
Nokia Launches Edge Cloud Data Center Solution for the 5G Era
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 > Optical Storage > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 17, 2003
Pioneer To sell shares of two audio/video software units to Dentsu


Pioneer Corporation today announced that it has reached a preliminary agreement with Tokyo-based Dentsu Inc., Japan's largest comprehensive advertising agency, to sell to Dentsu shares of two of its subsidiaries, namely, Pioneer LDC, Inc. in Tokyo, and Pioneer Entertainment (USA) Inc., in California, U.S.A., both engaged in the audio/video software businesses in Japan and the United States, respectively.

This move is in line with Pioneer's "select and focus" management policy of its resources and operations on core businesses in order for Pioneer to promote even more efficient and effective management. These two companies have contributed to Pioneer's consolidated business performances in the field of software-supply, and are expected to take another leap forward under the new ownership.

The specific conditions, timetable and other matters of the transfer are yet to be determined under definitive agreements separately governing the two transfers in Japan and in the United States, but it is contemplated that all the issued shares of these two companies will be sold to Dentsu.

Pioneer LDC, Inc., a Tokyo-based wholly-owned subsidiary of Pioneer Corporation, is engaged in the planning, production and selling of a variety of video and music software in Japan. Pioneer LDC currently has 145 employees.

Pioneer Entertainment (USA) Inc., with headquarters in Long Beach, California, is a wholly-owned subsidiary of Pioneer North America, Inc., another wholly-owned subsidiary of Pioneer Corporation. Engaged in the planning, production and selling of music and video software, mostly animation, in the United States, Pioneer Entertainment (USA) has 43 employees.


Previous
Next
DVD Media Compatibility Tests on CdrInfo.com...        All News        DVD Media Compatibility Tests on CdrInfo.com...
DVD Media Compatibility Tests on CdrInfo.com...     Optical Storage News      DVD Media Compatibility Tests on CdrInfo.com...

Get RSS feed Easy Print E-Mail this Message

Related News
Pioneer Releases 80th Anniversary TAD-ME1 "Micro Evolution One" Speakers
Pioneer DDJ-SB3 DJ Controller Lets Almost Anyone Scratch
New Pioneer DDJ-1000 Controller Designed for rekordbox dj
New Pioneer BDR-XD07 External Blu-ray Burners Connect Directly to Android Smartphones
Pioneer Introduces New CDJ-2000NXS2-W and DJM-900NXS2-W
HERE and Pioneer Partner on Global Map Solutions
Pioneer's Flagship Se-Monitor5 Hi-Res Headphones Released
Konica Minolta and Pioneer Join Forces On OLED Lighting Business
Pioneer Debuts New Elite 7.2-channel Network AV Receivers
Pioneer BDR-211UBK BD Writer With Ultra HD Blu-ray Playback Support Launches In The U.S
Pioneer BDR-XD06J-UHD Is The First Portable UHD BD PC Drive
Pioneer Rayz Earphones Support Apple's Lightning Audio Technology

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .