Sony NEC Optiarc
Encyclopedia
Sony Optiarc Inc. is a subsidiary of Sony Corporation. The company's business is the design and manufacturing of optical disk drives, primarily for the OEM
desktop and notebook PC markets.
The company was established on April 3, 2006 as a joint venture
between Sony and NEC Corporation, each had share of 55% and 45% respectively. On September 11, 2008, it was announced that Sony would take over NEC's 45% share, making Optiarc wholly owned subsidiary of Sony. This took effect on December 5, 2008.
OEM
OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
desktop and notebook PC markets.
The company was established on April 3, 2006 as a joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
between Sony and NEC Corporation, each had share of 55% and 45% respectively. On September 11, 2008, it was announced that Sony would take over NEC's 45% share, making Optiarc wholly owned subsidiary of Sony. This took effect on December 5, 2008.
See also
Similar joint ventures in the data storage industry:- Toshiba Samsung Storage Technology CorporationToshiba Samsung Storage Technology CorporationToshiba Samsung Storage Technology Corporation is an international joint venture company of Toshiba and Samsung Electronics . Toshiba owns 51% of its stock, while Samsung owns the remaining 49%. The company specialises in optical disc drive manufacturing...
- Hitachi-LG Data StorageHitachi-LG Data StorageHitachi-LG Data Storage is a joint venture between Hitachi and LG. The company was established in November 2000, started operation in January 2001, and shipped its first product, the HL-DT-ST GCC-4120B combo drive, on June 2001....