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SanDisk opens Flash Memory Design Center in India


Mark Peters : 2006-02-07 11:07:35
SanDisk opens Flash Memory Design Center in India : SanDisk Corporation announced the opening of SanDisk India Device Design Center Pvt. Ltd. in the country's technology hub of Bangalore, where engineers will work on the core elements of the company's flash memory products. The announcement was made at a press conference in Bangalore that was attended by Sanjay Mehrotra, SanDisk chief operating officer, and other company officials. "India is a logical place for us to expand our global network of research and development centers because of the great talent pool here and because of our existing relationships with companies that support us in hardware, firmware and software testing," said Mehrotra, who is also SanDisk's co-founder.


Adobe Software OpenHD alliance partners


Ilse Jurriën : 2006-01-23 02:42:20
Adobe Software OpenHD alliance partners : Adobe Software announced the expansion of the Adobe OpenHD alliance - originally started with Dell, HP, Intel, and Microsoft - to include 10 additional partners delivering the industry's best capture cards, graphics and video accelerators, audio tools, and data storage products. These new Adobe OpenHD alliance partners, each of whom will be included in one or more certified turnkey solutions, include AJA, AMD, Blackmagic, Bluefish, CineForm, Focusrite, Huge/Ciprico, Matrox, NVIDIA, and Rorke. This expansion, along with the introduction of Adobe Production Studio, has enabled the creation of seven new Adobe OpenHD turnkey solutions supporting HDV to real-time compressed and uncompressed HD.


SanDisk completes Matrix semiconductor acquisition


Ilse Jurriën : 2006-01-23 02:38:20
SanDisk completes Matrix semiconductor acquisition : SanDisk Corp. announced that it completed the acquisition of Matrix Semiconductor. On October 20, 2005, SanDisk signed a definitive agreement to acquire Matrix, a pioneer in the design and development of three-dimensional (3-D) integrated circuits. Matrix 3-D Memory is used for one-time programmable storage applications where low cost is the paramount consideration, such as video games, music, and archiving. The acquisition consideration included approx. 3.7 million newly issued SanDisk shares, the assumption of equity incentives which could result in the issuance of approximately 600,000 additional shares of SanDisk stock, and cash of approximately $14 million.


Consumer brand for recordable media acquires Memorex


Ilse Jurriën : 2006-01-23 02:37:00
Consumer brand for recordable media acquires Memorex : Imation Corp 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. Imation is the world's leading provider of removable data storage media products designed to help customers capture, create, protect, preserve and retrieve valuable digital assets. 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; Memorex and Imation have approved the transaction.


ShutterStock Photography Agency acquires Photosights


Ilse Jurriën : 2006-01-21 03:30:00
ShutterStock Photography Agency acquires Photosights : ShutterStock Photography Agency is pleased to announce that the acquisition of the assets of stock photo agency Photosights.com is now complete. Through the deal ShutterStock has increased its customer base, recruited new professional photographers to the website, and gained access to new images to consider for its library of premium royalty-free digital photographs, an unparalleled collection that, as of this week, now exceeds half a million digital images. The acquisition is in line with the company's strategy of rapid growth based on providing the best service possible - in this case, an accessible and highly successful subscription model - to the creative community.


Konica Minolta withdraw from camera business


Dennis Hissink : 2006-01-19 09:00:52
Konica Minolta withdraw from camera business : Konica Minolta has long been a leading company in photo imaging business covering wide range of imaging from input to output. In addition, we have provided inspiring products and services by fusing our unique technologies. In camera business, we have expanded picture-taking opportunities by developing innovative technologies such as the world's first autofocus cameras. In 1962, our camera, boarded on the US's first manned spaceship "Friendship 7." Also, ever since introduction of the world's first body-integral autofocus SLR camera, Maxxum/Dynax series, in 1985, SLR cameras have become more popular, and we have succeeded in selling 16 million units of interchangeable lenses since then.


Pantone and GretagMacbeth collaboration


Dennis Hissink : 2006-01-18 17:00:00
Pantone and GretagMacbeth collaboration : Pantone, the global authority on color for the design industries, announced a strategic partnership with GretagMacbeth, the worldwide technological leader in color measurement and management solutions. The companies collaborate to make color management more accessible for a wide variety of users, ranging from consumers to professionals. As a first step in their relationship, Pantone and GretagMacbeth today announced (see separate release) a family of products for managing color onscreen that will be marketed by Pantone on a global basis. The family of products, which includes huey, Eye-One Display LT and Eye-One Display 2, addresses a wide range of users, from consumers to professionals.


Motorola and Kodak alliance


Dennis Hissink : 2006-01-17 20:56:00
Motorola and Kodak alliance : Motorola, a global leader in wireless communications, and Kodak ( the world's most recognized brand in digital imaging and the U.S. market-share leader in digital cameras, today announced a 10-year global product, cross licensing and marketing alliance intended to fulfil the promise of mobile imaging for the benefit of consumers. By incorporating Kodak's image science and system integration expertise with Motorola iconic mobile device design, the two companies will greatly improve the ease-of-use and image capture experience of camera phones. The collaboration covers licensing, sourcing, software integration, marketing, and extends to co-development of image-rich devices with joint engineering teams.


Nikon discontinues most film cameras


Dennis Hissink : 2006-01-11 23:35:00
Nikon discontinues most film cameras : Following the success of our digital line-up over the last seven years, which has resulted in more than 95% of Nikon’s UK business being within the digital area, Nikon has made the decision to focus management resources on digital cameras in place of film cameras. This decision will allow Nikon to continue to develop products that match the demands of an increasingly competitive market place. Despite this growing competition Nikon has continued to outperform the market, and has recently reported positive financial results which saw group net profit climb by 20% in the fiscal first half which ended in September. Group sales also increased by 9.8% to 342.85 billion yen in the same period.


International Photographic Council at United Nations


Ilse Jurriën : 2006-01-05 19:40:00
International Photographic Council at United Nations : The International Photographic Council (IPC) announced that it will hold its annual IPC New Year’s Luncheon at the United Nations. Lunch attendees will include professional photographers, advertising and marketing executives, photography manufacturers, and dealers/distributors. The New Year’s Luncheon will include presentations by the most respected and recognized sports brand in the world, Sports Illustrated Magazine, whose Publisher, Photo Editor, and Staff Photographer, will kick-off the XX Winter Olympics 2006 season to be held in Turin, Italy in February by showing exciting examples of sports photography and the world of Winter Olympics.


ImageXpres Corporation acquires PRG Systems


Ilse Jurriën : 2006-01-05 19:35:00
ImageXpres Corporation acquires PRG Systems : ImageXpres Corporation, a manufacturer of digital imaging and print systems, announced it has reached an agreement to acquire the assets of PRG Systems, a New Jersey IT and software solutions provider, for stock and cash consideration. Simultaneously, ImageXpres' Board of Directors has approved a strategic business relationship between ImageXpres, PRG Systems, and New Wave Telecom, a digital phone services provider, to deliver proprietary Voice over Internet Protocol (VoIP) PBX services, and has signed a Letter of Intent to merge with the telecom enterprise in First Quarter 2006. PRG Systems and New Wave Telecom are currently delivering VoIP services to businesses in the northeast U.S.


Steven Gomo joins SanDisk board of directors


Dennis Hissink : 2006-01-05 16:00:00
Steven Gomo joins SanDisk board of directors : SanDisk, the world’s largest supplier of flash storage card products, today announced the appointment of Steven J. Gomo to its board of directors and audit committee. Mr. Gomo will commence service immediately. “We are delighted to have Steve join the SanDisk board,” said Eli Harari , SanDisk’s President and Chief Executive Officer. “Steve’s experiences in the storage business and consumer electronics as well as his deep financial expertise will be a valuable asset to our board and we look forward to his contributions.” Mr. Gomo received a Bachelor of Science degree from Oregon State University, and he received a Master of Business Administration degree from Santa Clara University.






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