av news
This Month's Featured Equipment Reviews
Denon PMA-50 Integrated Amplifier Review
CLONES Audio 25iR Integrated Amplifier Review
Bryston Mini A Loudspeaker Review
Denon HEOS System Review
Marantz SR7009 Home Theater Receiver Review
Latest AV News
AV News Forum Topics:
Panasonic's Sanyo Buyout is Nearly Complete  Print E-mail
Home Theater News Industry-Trade News
Written by Dick Ward   
Wednesday, 13 October 2010

Things move slowly when you're dealing with big companies and major deals.  We first caught wind of the deal between Panasonic and Sanyo back in December of 2009 and things have been moving slowly but surely.

Panasonic has dropped as much as $9.8 billion to make the deal go through, as well as a similar arrangement that would allow Panasonic Corp. full ownership of Panasonic Electric.  Panasonic now owns 80 percent of Sanyo and expects a full takeover to be complete by March.

One of the prime assets that the folks at Panasonic are excited to acquire is Sanyo's litium-ion battery tech that's used in both electronics and cars.  Sanyo also has a range of technologies in the research and development phase that are said to be quite substantial, making this a deal full of potential for Panasonic.

Like this article? Bookmark and share with any of the sites below.
Digg!Reddit!Del.icio.us!Google!StumbleUpon!Yahoo!Free social bookmarking plugins and extensions for Joomla! websites!

  home theater news  |  equipment reviews 
  blu-ray reviews  |  dvd  |  theatrical reviews  
  music download reviews  |  music disc reviews
  contact  |  about-us  |  careers   |  brands 
  Subscribe to Us   |   RSS   |  AVRev Forums
  front page  |  virtual tours  |  dealer locator
  how to features  |   lifestyle & design articles
  Want Your Home Theater Featured on MHT?
   CE Partners: HDD  |  HDF  |  VGT  |  SD  |  DVD
  Advertise with Us | Specs | Disclaimer
  Sponsors | privacy policy | terms of use
  909 N. Sepulveda Blvd. El Segundo, CA 90245
  Ads: 310.280.4476 | Contact Us
  Content: 310.280.4575 | Mike Flacy