Wednesday, February 20th 2008
Toshiba to Buy Cell Manufacturing Plant for $835 Million USD; Will Run it With Sony
Toshiba is going to buy all Cell manufacturing duties from Sony for ¥90 billion (roughly $835 million USD). Actually, they've been going to do this since October 2007. At the time, though, it seemed like Sony wouldn't have any say in the operation of the facility. Now, in the middle of February, the deal has changed. The running of all Cell manufacturing facilities will be done as a joint venture, and some more details of the sale/incorporation have surfaced. On April 1st, Toshiba and Sony will begin their joint venture. Now that Toshiba has exited the HD-DVD market, they will put a lot of focus towards SSD drives, and making the Cell processor. Toshiba will actually incorporate the Cell into some nifty new HDTV's. We'll keep you posted.
Source:
Reg Hardware
3 Comments on Toshiba to Buy Cell Manufacturing Plant for $835 Million USD; Will Run it With Sony
Toshiba ftw!! :rockout:
I thought that Toshiba had given up on the Cell after two and a half years since it was first introduced and shown to the world at E3 2005 to offset Microsofts new xbox 360 announcement. My god It really has been a long time since then lol.