jenniferleclaire.com » 2008 » November

Archive for November 8th, 2008

Panasonic Talking To Rival Sanyo About Buyout

Panasonic and Sanyo are discussing a buyout. The Japanese consumer-electronics rivals started talks Friday that could create one of the biggest electronics companies in the world before the end of the year.Sanyo’s top shareholders include Goldman Sachs, Daiwa Securities, and Sumitomo Mitsui Banking. The three banks would double their 2006 investment if Panasonic pays the $6.2 billion analysts estimate Sanyo is worth. The acquisition would be the largest ever in the Japanese consumer-electronics industry.

Panasonic offers a range of products, systems and components for consumer, business and industrial use. The company, which changed its name from Matsushita Electric Industrial Co. last month, is the leading manufacturer of flat-panel TVs, DVD players, and digital cameras. Sanyo would add its solar-cell operations to the mix. Together, they would rival Hitachi Ltd.

“Panasonic and Sanyo will start discussions with the aim of maximizing both companies’ corporate values by pursuing synergies between both companies and further strengthening initiatives to achieve potential revenue and profit growth through this alliance,” the companies said.

Click here to read the rest of my story on NewsFactor.

November 8th, 2008

Hardware Engineers Get a Look at Windows 7 Features

Microsoft showed off new Windows 7 innovations at the Windows Hardware Engineering Conference this week. The focus was how the upcoming version of Microsoft’s flagship product will make it easier for hardware partners to create new experiences for Windows PC customers.Windows senior vice presidents Steven Sinofsky and Jon DeVaan rallied hardware partners, encouraging them to begin testing their current products and building new products on the application programming interface (API).

“We’ve done a great deal of work in Windows 7 to enable new scenarios with our hardware partners, and we are excited by the partner innovation we have shown today,” said DeVaan, who heads Microsoft’s Windows Core Operating System Division. “Windows 7 presents tremendous opportunities for hardware developers. This innovation will enable our hardware partners to provide customers with even greater choice in rich computing experiences.”

Click here to read the rest of my story on NewsFactor.

Add comment November 8th, 2008