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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.
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| Writing Speeds: DVD+R: 20X, 16x, 12X, 10x, 8X, 4X DVD+RW: 8X, 6X, 4X, 2.4X DVD+R DL: 8X, 6X, 4X, 2.4X DVD-R: 20X, 16X, 12X, 10X, 8X, 4X, 2X DVD-RW: 6X, 4X, 2X, 1X DVD-R DL: 8X, 6X, 4X DVD-RAM: 14X, 12X, 5X CD-R: 48X, 40X, 32X, 16X, 10X, 4X CD-RW: 32X, 24X, 16X, 10X, 4X | Read Speeds: Access Times: |
At this time we have not heard if or when the DRW-2014L1T will be available in the US. As soon as we find out, we'll let you know. Until then, more information can be found on ASUS's website. Add a comment
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Toshiba’s Digital Products Division (DPD), a division of Toshiba America Information Systems, Inc., today announced the availability of the Qosmio G45-AV680, a cutting-edge audio-video notebook computer with Dolby surround sound technology and the first U.S. model to feature an HD DVD-R optical drive and full 1080p playback resolution.The Qosmio G45-AV680 also comes equipped with a 2.0GHz Intel Core Duo processor, 17-inch widescreen LCD, GeForce 8600GT graphics card and dual 160GB hard drives, resulting in an estimated price of about $3200. More information, including a full list of specs, can be found here. Add a comment
As the first U.S. notebook computer with an HD DVD-R optical drive, the Qosmio notebook provides users with a state-of-the-art multimedia machine that can burn up to 30 GB of data, including home-videos, entire photo albums and music libraries onto a single HD DVD recordable disc. In addition to storage capacity, the HD DVD-R optical drive also plays HD DVD movies at a resolution six times sharper than the DVD format.
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LightScribe today announced that an additionaltwelve hardware brands, personal computer and optical drive manufacturers, mediabrands and disc publishing systems manufacturers have licensed its direct disc labelingtechnology. These new licensees include hardware brands Apricorn, Ativa, Gear Head,and Sony; personal computer manufacturer MESH Computers; optical disc drivemanufacturer Sony NEC Optiarc; media brands Ativa, Intenso, KODAK Media Products,and Vakoss; and disc publishing systems manufacturers Advanced Digital Research,Amtren, and Mexty Productions.If you'd like to read more, LightScribe's entire press release can be found here. Add a comment
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Tech-On! reports that Ricoh's optical device can only be applied to read-only applications. However, the company is continuing development, hoping to push prices below $1. If you'd like to read more, the entire article can be found here. Add a comment
When used in the optical system of the optical head in an optical disc drive, the device can eliminate the need of so-called two lens setup in which two lenses are provided for use with CD/DVD and the next-generation DVD such as Blu-ray Disc or HD DVD.
The company said that, while MFCP is required to be added, the number of optical parts in the entire optical head may be decreased compared with the case of the two lens setup, thereby reducing the size of the optical system of the optical head.
