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VIEW EVENT INFORMATION: Panasonic |
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Panasonic Officially Owns Sanyo And Boasts The World's Largest Plasma Panel Plant now |
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About the organization Panasonic: Type: Business Sub-Types: Electronics, Electronics Hardware, Electronics Software |
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Notable Organizations: Panasonic, Techcrunch |
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Good news for Panasonic in the last 48 hours. The company announced yesterday that it now officially turned Sanyo into a subsidiary after acquiring a 50.27% stake in its smaller rival. The merger was in the making for several months, and Panasonic paid a whopping $4.4 billion to make it happen. So we now have Japan’s second largest electronics maker in terms of sales (Hitachi is still… |
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