Finally confirmed: Panasonic buys sanyo

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techie_007

Galvanizer
Panasonic to officially purchase controlling stake in Sanyo for $6.4B - Engadget

It took a little longer than we'd heard due to some last-minute complications, but Panasonic's deal to buy almost all of Sanyo has finally been approved by Sanyo's major shareholders. Under the deal, Panny will buy out some 70 percent of Sanyo for ¥131 ($1.50) a share, making the total deal worth some ¥560B ($6.41B). That'd be lot of scratch even if the economy wasn't in the tank, but Panny thinks it'll be worth it to take over Sanyo's position in the solar and rechargeable battery markets, which it thinks are due to blow up. Er, not blow up like that -- in the fun-filled raining-cash way.
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6pack said:
i wonder if quality of Anchor products will go up or not...
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I hope they improve their quality - we got about 70 of the Anchor Roma switches and sockets installed at home about 5 years back and we have had around 50 replaced under warranty - ABSOLUTE JUNK !! :@
 
viralbug said:
im not even sure if the shops have original anchors or not. most of those you get are fakes. :no:
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Doubt we have any fakes as an Anchor rep comes over to replace the stuff and he always examines each item thoroughly looking for fakes - he has never found a single fake in my house.

The material they used when we bought our stuff was of very poor quality. The ones we got as replacements are of a little better quality.
 
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