Imation Corp (NYSE: IMN - News) and Memorex International, Inc, today jointly announced that they have entered into a definitive agreement under which Imation will acquire Memorex International in an all cash transaction for $330 million. Additional cash consideration ranging between $5 million and $45 million would be paid out over a period of up to three years after close, contingent on financial performance of the purchased business. The Boards of both companies have approved the transaction...At this point, I really don't know how this will affect Memorex's product line. As we find out more, we'll let you know. In the mean time, Imation's entire press release can be found here. Add a comment
..."This acquisition is a major strategic milestone for Imation, as we implement our profitable growth strategy. It is also a win-win for both companies' customers and shareholders," said Bruce Henderson, Imation Chairman and CEO. "We are gaining a powerful consumer brand and global market share leader in recordable CDs and DVDs as well as an experienced management team under the leadership of Mike Golacinski. Added to our technology expertise, strong B2B brand, global footprint, broad product portfolio and industry experience, we are creating a new global powerhouse in the data storage industry."
Jon "DVD Jon" Johansen, who popularized the means to crack the CSS system protecting DVDs, has committed to launching a tool to crack the Advanced Access Content System (AACS) used in next-generation DVDs.I can't imagine the movie industry is going to be happy with "DVD Jon" if he succeeds. If you'd like to read more, the entire article can be found here. Add a comment
In a blog posting earlier this month, Johansen announced that he had registered the Deaacs.com site, which cites a "winter 2006/2007" release date for the software.
"AACS, like CSS, will be a success," Johansen wrote. "Not at preventing piracy. That's not the primary objective of any DRM system. Anyone who has read the CSS license agreement knows that the primary objective is to control the market for players. Don't you just love when your DVD player tells you 'This operation is prohibited' when you try to skip the intro?"
Lite-On IT is cooperating with Japanese clients to develop DVD camcorders using 8cm DVD+R/-R discs and expects to begin OEM production in small volumes next quarter and shipments in large volume in the second half of this year, according to the company.It will be interesting to see if Lite-On sells these camcorders under their own brand. If you'd like to read more, head on over to DigiTimes. Add a comment
Hard disk drives (HDDs) or small memory cards such as SD and MS entail trans-recording, whereas 8cm DVD+R/-R discs do not, Lite-On IT pointed out. Many Japanese brands will also offer DVD camcorder models following Hitachi, Sony, JVC, Panasonic, and Canon, Lite-On IT indicated.
In terms of performance, the drive did not fail to impress in all areas of testing. Its read performance with all media tested was excellent and write quality was impressive as well with both CD and DVD recordable media, including double layer media. For those primarily into DVD ripping, this is the drive for you. It can rip a single layer disc in just over 5 minutes and dual layer discs can be ripped in record time as well.We too have a review of the DRW1655 in the works. In the mean time, head on over to Extreme MHz and check out their review. Add a comment
The ASUS DRW-1608P2, which is based on Pioneer DVR-110D, is one of the world's first burners to support 8x write speed on DVD-R DL media. The drive also supports 8x write speed on DVD+R DL media with very good results. The write time to complete the Dual/Double Layer burn is also pretty fast.We too have a review of the DRW-1608P2 in the works. In the mean time, head on over to CD Freaks and check out their review. Add a comment