EMC announced this week that it has agreed to acquire Iomega for $213 million in cash. Once the acquisition is complete, Iomega will serve as the core of EMC's new Consumer/Small Business Products Division.
EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, and Iomega Corporation (NYSE: IOM), a global leader in data storage and protection for consumers and small businesses, today announced a definitive agreement for EMC to acquire San Diego-based Iomega in a cash tender offer of $3.85 per outstanding share, or approximately $213 million. The addition of Iomega’s products, brand name, route to market and industry expertise will enhance EMC’s reach and focus in the rapidly-growing consumer and small business markets.

EMC intends to commence the tender offer in the next two weeks, with completion of the tender offer expected in the second quarter of 2008, subject to customary closing conditions and regulatory approvals. The acquisition is expected to have no material impact on EMC financial results for the full 2008 fiscal year.
If you'd like to read more, EMC's entire press release can be found here. Add a comment
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Super Talent has announced the launch of three new 8GB USB flash drives, including the world’s smallest 8GB drive. The PICO series is available in three different versions, including the PICO-C which measures only 31.3mm x 12.4mm x 3.4mm and weighs less than a nickle.

These new drives include: PICO-A, with a swivel lid; the retractable PICO-B; and ultra small PICO-C. Super Talent’s patented PICO series USB drives are manufactured using chip-on-board (COB) technology, which enables up to 8GB of Flash storage to fit into an incredibly minute case. PICO-C drives weigh less than a nickel (about 4.7 grams) and measure only 31.3mm x 12.4mm x 3.4mm.

PICO series drives are shock resistant, storing data securely even under adverse conditions. They also support read speeds upwards of 30MB/sec (200X) for lightning fast access to files. Super Talent Marketing Director, Joe James explained, “These 8GB PICO drives have redefined mobile storage, combining new levels of speed, elegance and durability into the world’s smallest pen drive”.
Super Talent's 8GB PICO drives are available now and can be picked up for less than $35 at retailers like eWiz.com. Full details can be found here. Add a comment
Western Digital announced today that its My Passport Essential USB Drives are now available in ten new colors: brilliant orange, super sunny yellow, raindrop blue, arctic white, deep viola, cherry red, ultra mint, real red, intense blue, and vibrant pink. Here's part of WD's press release:

Just in time to make a perfect gift for Mother's Day, WD (NYSE: WDC) today introduced 10 fresh new colors for its My Passport Essential Portable USB Drives. Weighing in at less than 5 ounces, My Passport Essential USB Drives put almost a third of a terabyte of digital storage in the palm of your hand and are available now at select retailers.

My Passport Essential Drives are simple to use, light and easy to carry, and require no power adapter -- they are powered directly through the USB cable1. Equipped with sync and encryption software2 for easy file transfer, the mega-capacity of the My Passport Essential Portable USB Drive makes it simple to securely carry thousands3 of songs, videos or photos.
WD's My Passport Essential USB Drives are available now in capacities of 160 GB, 250 GB and 320 GB. More information, including prices, can be found here. Add a comment
SanDisk has announced a new version of its Cruzer Enterprise flash drive. Developed for organizations demanding the highest level of data protection, the Cruzer Enterprise FIPS Edition features a software self-test routine to to verify its cryptographic function as well as physical protection to prevent tampering.

SanDisk Corporation (NASDAQ:SNDK) today introduced Cruzer Enterprise FIPS Edition, a USB flash drive with security certified by the National Institute of Standards and Technology (NIST) of the United States through its Federal Information Processing Standard (FIPS) program. 

Many government agencies require FIPS certification for portable storage devices, as do some private-sector companies in highly regulated industries such as financial services and healthcare. Based on SanDisk’s secure Cruzer Enterprise flash drive, the new Cruzer Enterprise FIPS Edition has additional data protection features including:

  • A software self-test routine that automatically runs whenever the drive is powered up, to verify the drive’s cryptographic function is intact.
  • Physical protection for the drive’s internal security module to deter tampering.
The Cruzer Enterprise FIPS Edition is available now in capacities ranging from 1GB to 8GB. If you'd like to read more, SanDisk's entire press release can be found here. Add a comment
Like Best Buy and Circuit City, Wal-Mart is trying to make things right with customers that bought an HD DVD player. According to a story by the Wall Street Journal, the retailer is giving full refunds to those that bought an HD DVD player on or after November 1st.
Wal-Mart Stores is offering refunds for HD DVD players purchased on or after Nov. 1. To qualify, customers must return the players by April 30 and have a receipt in hand. Original packaging isn't required.
If your local Wal-Mart store gives you any hassles, a copy of the memo sent to all stores is available at SlickDeals.net. If you'd like to read more, the entire article can be found here. Add a comment
CyberLink sent out a press release this morning, announcing that PowerDVD Ultra now supports the playback of interactive BD-Live content.
CyberLink Corp. (5203.TW), innovative solution provider for the connected digital lifestyle, announced today that CyberLink PowerDVD Ultra now supports BD-Live (Blu-ray Disc Profile 2.0) playback functionality, featuring support for advanced interactive BD-Live content.

The latest BD Profile 2.0 (BD Live) format enables powerful Internet-connected activities such as multiplayer gaming, e-commerce, downloading movie trailers and subtitles, and social networking.

“CyberLink PowerDVD Ultra has already been certified for various HD formats including BD-Video Profile 1.1, BD+, AVCHD, and BD-RE 3.0,”said Alice H. Chang, CEO of CyberLink. “Now with PowerDVD Ultra supporting the advanced BD-Live format, CyberLink continues to deliver the best high-definition movie experience on the PC.”
CyberLink PowerDVD Ultra with support for BD-Live will be available by end of April. Users of PowerDVD Ultra will be able to download a free upgrade from CyberLink's website. Full details can be found here. Add a comment
While PC vendors have forecasted that the price of Blu-ray drives will fall by as much as 30% this year, DigiTimes is reporting that this might not be the case. Due to the increased cost of components, such as PUHs, drive manufacturers have indicated that the price of Blu-ray drives may actually rise as much as 10% in the near-term.
PC vendors are forecasting a price drop of 7-10% a quarter, with the price level for the fourth quarter of 2008 expected to be 30% lower than current prices, the sources noted. For example, international vendors expect ODM/OEM quotes for half-height BD-ROM drives to drop from US$95-100 currently to US$70 in the fourth quarter of 2008, the sources pointed out.

However, the cost of PUHs and other components of BD drives have risen a few times since the second half of 2007 and price hikes of another 5-10% are possible in the near-term, mainly due to price increases for materials, the sources explained.
While a price drop is inevitable, it may be worth waiting to see how things shake out. If you'd like to read more, head on over to DigiTimes. Add a comment
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Falcon Technologies International announced today that it is entering the U.S. market with its own line of recordable CD, DVD and BD media. Developed for professional and archival applications, FTI's media features technologies such as a 24k Gold reflective layer, Ultra Hard Coat (UHC) scratch resistance protection and ultra-performance inorganic alloy recording material for Blu-ray Discs.
Falcon Technologies International (FTI), a leading manufacturer of optical data storage discs for professional and archival applications, today officially entered the U.S. market with the introduction of a complete line of superior quality optical recording media solutions, including CD-R, DVD-R single and dual layer, and Blu-ray BD-R and BD-RE Discs. FTI is dedicated to providing the best and most complete optical recording media solutions, developing and employing the most innovative recording media technologies, manufacturing processes and quality assurance procedures. The complete line of FTI’s FalconMedia Pro media products is available now from the company’s distribution center in Fremont, California.

“Recognizing the demand for professional- and archival-use optical recording media that can outperform and outlast other products on the market, we have built our organization with an unyielding commitment to achieving industry-leading quality and consistency in every aspect of our business operations,” said Mr. Adel Michael, co-founder and CEO of Falcon Technologies International (FTI). “This dedication to quality is evident in the groundbreaking features and superb performance, durability and reliability of our professional optical disc recording media.”
No word yet on pricing or availability. As we find out more, we'll let you know. In the mean time, FTI's entire press release can be found here. Add a comment