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Imation Corp. (NYSE: IMN) today announced that it has completed the previously announced acquisition of the TDK brand recording media business and use of the TDK brand name for recording media products worldwide, for a combination of Imation common stock and cash.According to the press release, Imation will continue to supply TDK brand products to the market. TDK will also continue R&D and manufacturing operations for recording media and will supply Imation as well as its other OEM customers. Full details can be found here. Add a comment
Imation issued to TDK Corporation 6.8 million shares of Imation common stock, representing 16.6 percent of shares outstanding after issuance of the shares to TDK. Additional cash consideration and customary closing costs and advisory fees brought the total cost to Imation to approximately $260 million. Additional cash consideration of up to $70 million could be paid by Imation to TDK Corporation contingent upon future financial performance of the acquired business.
By agreement, TDK's ownership stake will not exceed 22 percent of Imation common stock on a fully diluted basis. TDK becomes the largest shareholder of Imation and, under terms of the transaction, has the right to nominate a representative to serve on the Imation Board of Directors.
The IronKey Secure Flash Drive with Internet Protection Services is available now in 1GB, 2GB and 4GB capacities. Full details can be found on the IronKey website. Add a comment
The IronKey has been designed to be the world’s most secure USB flash drive, using onboard hardware encryption to protect the gigabytes of files that can be stored on the device. No software or drivers need to be installed on the host computer to use an IronKey. A password is used to unlock the IronKey, and this is verified in hardware. If an IronKey is lost or stolen, attempts to unlock or tamper with it will trigger a self-destruct sequence, ensuring data is kept confidential.
What sets the IronKey apart from other secure USB flash drives is its integrated Internet services, which leverage the encryption and authentication power of the IronKey Cryptochip to protect Internet passwords and web surfing. When the IronKey is plugged into a computer and unlocked with a password, its owner can use the IronKey Password Manager to securely store and manage all of his online passwords, and protect them from phishing, pharming and keylogging threats.
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Until now, only a handful of companies operated the stampers needed to copy thousands of Blu-ray Disc movies at a time. But the Japanese company handling most of the early Blu-ray Disc adult film releases in Japan says it has partnered with a Taiwanese company able to secure the necessary equipment from Sony.The Japanese adult film industry has already put out ten movies on Blu-ray and more are on the way. In comparison, only one adult film has been released on HD DVD in Japan. If you'd like to read more, then entire article can be found here. Add a comment
"In Japan, there are some problems. Companies cannot press Blu-ray discs because they cannot touch adult-related contracts," said Kiyotaka Konno, director of administration at Assist Corp., a Japanese company that authors and replicates DVDs for the adult industry in Japan. "So we asked some makers in Taiwan to do the work, and then we import the discs back to Japan. The Taiwanese company was able to obtain a pressing machine from Sony and will start mass production in August."
It's going to be interesting to see how HD DVD backers respond to this report. If you'd like to read more, Parks Associates' entire press release can be found here. Add a comment
As consumers continue to embrace more high-definition products and services, next-generation DVD players are poised to experience significant growth over the next five years, according to a new report from Parks Associates titled Next Generation DVD Players: Will History Repeat? The new report estimates that, with set-top box models and game consoles combined, more than 32 million Blu-ray and HD DVD players will be sold in United States by 2011, an 85% increase from the 4.9 million units estimated to be sold in 2007.
“Purchasing or renting DVDs will continue to be a dominant way for consumers to view content,” stated Chris Roden, Research Analyst at Parks Associates. “What has yet to be determined is which format will become the standard, HD DVD or Blu-ray?” According to the report, consumer confusion is still prevalent with less than 10% of U.S. consumers stating that they are familiar with the HD DVD or Blu-ray formats.
“However, we are starting to see the pendulum swing slowly in one direction,” said Roden. “Recent retail developments, support from major Hollywood studios, and inclusion of the format in the PlayStation 3 puts the Blu-ray format in the lead.”
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No word on pricing or availability. If you'd like to read more, MICRODIA’s entire press release can be found here. Add a comment
MICRODIA Ltd. (MICRODIA), a world leader and innovator in flash memory technologies, announced today the newlylaunched Flash-Key Fruit-A-Roma USB drives that add fragrant fruity scents and colours to MICRODIA’s high quality range of USB flash drives. Aunique and novel concept, Fruit-A-Roma USB drives are the first of their kind to offer fresh fruit flavors that you can actually smell, encompassingMICRODIA’s high quality USB flash drive technology for superior data storage.
MICRODIA’s Fruit-A-Roma USB drives offer a twist of fun for the younger generation and the young-at-heart who enjoy novel products and expect thehighest quality. Fruit-A-Roma comes in four fruity scents of orange, strawberry, grape and green apple. Built-in software maximizes user’s mobilecomputing experience, enabling easy data storage and transfer in a handy and fashionable way. With its compact size of 4.3 x 1.8 cm, this fun andhassle-free product is easy to carry and simple to use with no driver installation required1. The USB 2.0 interface enables hot plug-and-play and thehigh quality memory chip can be re-written 1 million times and keep data more than 10 years.
East Coast chain BJ’s Wholesale Club will drop HD DVD from its shelves and carry the Blu-ray Disc format exclusively by the fourth quarter, according to sources at the retailer and several Hollywood studios.Toshiba better do something because if large retailers like Walmart or Best Buy follow this trend and decide to go Blu-ray, the format war is pretty much over. If you'd like to read more, the entire article can be found here. Add a comment
Sources said the chain will carry Blu-ray exclusively at all its 170 stores, although it continues to carry both formats on its Web site.
CyberLink Corp. (5203.TW), a leader in digital home solutions, announced significant performance gains for playing, analyzing, and producing high-quality video content using CyberLink's leading applications on systems featuring the Intel Core 2 Quad processors.If you'd like to read more, CyberLink's entire press release can be found here. Add a comment
CyberLink's optimization of the Blu-ray Disc and HD DVD playback software PowerDVD Ultra improved frame-rate performance by up to 66%. Automated video editing software PowerDirector improved editing and transcoding times by up to 68%. All software was tested in controlled conditions and was verified with significantly improved performance on Intel's quad-core technology.