Sony Acquires Toshiba’s Sensor Assets for 19 Billion Yen

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With all the buy outs from large Japanese Imaging companies in the last year, Sony has been added to the list. After recently separating and re establishing its sensor business as the Sony Semiconductor Corporation (“SCK”) the company has reinvested by acquiring  ‘Toshiba-owned semiconductor fabrication facilities, equipment and related assets in its Oita Operations facility, as well as other related equipment and assets owned by Toshiba’ to the tune of 19 Billion Yen (Approximately $155 Million USD).

This is great news for Sony photographer fans as the newly acquired sensor technology will assist the creation of much better CMOS image sensors and memory controllers. The expertise and experience of approximately 1,100 Toshiba employees surrounding the assets will also be offered employment within the Sony Group. Part of these assets will include Toshiba’s 300mm wafer production line which is housed at the 24,100 mbuilding in Oita, Japan.  The transfer should be completed within the finical year ending March 31, 2016, subject to any required regulatory approvals.

To read the full press released issued by Sony Global click here.