Over 10,000 customers served

Like us on Facebook Review us on Yelp Pin us on Pinterest Tweet us on Twitter Google Plus Follow us on Foursquare

310.948.0588 9415 Culver Blvd no.102 Culver City, CA 90232

How Much is 800 Billion Yen?

The answer: $9 billion.  The importanc: That’s how much Panasonic has agreed to pay for the purchase of Sanyo.  The latest in large tech company mergers.  This one makes sense, too.  Panasonic, which makes Viera TVs and Diga Blu-ray disc players, said last month that it was interested in acquiring Sanyo. Sanyo, which has been struggling to turn around its business, also expressed interest in the alliance.  One of the most beneficial aquisitions Panasonic will gain from Sanyo is it’s strength in green enrgy.  Sanyo has well respected solar panels and rechargeable batteries in its lineup.  According to Panasonic’s president,  in the long run, this deal should help them prepare for a better place in the technological market.

The deal should be complete around February 2009, based upon final approval by all parties shareholders.

Voted no.1 IT Sevices in Los Angeles

Top Rated Laptop Repair in Los Angeles!

9415 Culver Blvd. #102 Culver City CA 90232
(310) 948-0588 | info@marvistec.com
Mon-Fri 9:00am - 6:00pmSat 10:00am - 2:00pm