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."
TSST Korea (Toshiba Samsung Storage Technology Corporation) announced today that it has completed the technical development of its Blu Ray Disc Drives. These revolutionary products for the Optical Disc Drive market offer a massive storage capacity up to 25GB at a single layer disc.According to Samsung's press release, the company plans to simultaneously launch both internal and external Blu Ray drives later this year. More information can be found here. Add a comment
"As a global technology leader, Samsung is always on the forefront of cutting-edge technologies, working to provide consumers with best-of-breed products," said Albert Kim, national sales manger, Storage Systems for Samsung SSI. "Samsung's announcement of the completion of its Blu Ray disc drive is a major step ahead in the ODD technology battleground."
Veeza makes it simple for everyone involved in the trade of CD-R discs to recognize unlicensed goods. With traditional patent licensing methods traders and retail companies tend to have difficulty in verifying that the goods they have purchased, are licensed and royalties have been paid. Veeza will make it easier to sell licensed CD-R discs and more difficult to sell unlicensed discs. Discs distributed under a Veeza-license can easily be traced and recognized by three clear marks: a logo that is embedded in the disc, a serial number on each package carton and an authenticity document, called Licensed Status Confirmation Document (LSCD). These three marks provide simple proof that a shipment with CD-R discs is licensed under Philips' patents.To help promote their Veeza system, Philips will be reducing the royalty costs for Veeza-compliant companies by 44%. If you'd like to read more, additional information on Veeza can be found here. Add a comment
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.
Last week we reported that Microsoft would leave open the possibility that its next-gen console could one day support Blu-ray if that format ended up winning the war against HD DVD. This was based upon comments made by Microsoft's Corporate Vice President of Interactive Entertainment Business Peter Moore to Japanese website ITmedia during CES.Microsoft would be smart to release both HD DVD and Blu-ray drives and let consumers decide which is best. Then again, that's not really the Microsoft way. If you'd like to read more, the entire article can be found here. Add a comment
However, Moore's comments, which made the rounds not long after MS announced plans for an external HD DVD drive for the Xbox 360, were taken out of context, the company insists. To clear up any confusion, MS has issued a statement to the effect that they are 100 percent behind Toshiba's HD DVD format.
The chaps said that they will probably go "both ways" and introduce separate computer drives supporting both HD DVD and Blu-ray. Now we are not talking about combo drives, it will be two separate drives - one HD DVD manufactured device and one Blu-ray marchitecture based drive.We have not heard anything from our contacts at Lite-On so I really cannot confirm any of this. If you'd like to read more, the entire article can be found here. Add a comment
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
Last we heard, things degraded from gung-ho to so-so for Samsung on the prospect of going in on a dual-mode device that'd bridge the gap between HD DVD and Blu-ray for the consumer. But it looks like guarded has now turned to closed-until-further-notice according to a SVP of Marketing at Samsung North America, Peter Weedfald. We had no idea there were licensing agreements in place that prevented a dual-mode player, but apparently "Until everyone agrees to check their egos at the door and help the consumer, there is nothing [Samsung] can do about a universal product."While a dual-mode player would be best for the consumer, it probably would not be cheap. If you'd like to read more, the entire article can be found here. Add a comment
Roxio, a division of Sonic Solutions (NASDAQ: SNIC), the leader in digital media software, is celebrating a successful year with in-depth demonstrations and special show pricing on its biggest ever line of software for Mac OS X at Macworld Expo, January 10th to the 13th. Among the demonstrations available to attendees will be how to use Toast 7 to easily transfer favorite audio and video entertainment to mobile devices such as the iPod video, Sony PSP, and mobile phones. In addition, Roxio will be showcasing its must-have suite of iPod software accessories, The Boom Box and its award-winning DVD backup application, Popcorn. Roxio also will be introducing standalone versions of its CD Spin Doctor and Motion Pictures HD software.If you'd like to read more, Roxio's entire press release can be found here. Add a comment