Sony to Buy Toshiba's Camera Sensor Business
Dec 4, 2015, 8:24 AM by Eric M. Zeman
Sony has agreed to acquire Toshiba's camera sensor business for $155 million. Under the terms of the deal, Sony and its subsidiary, Sony Semiconductor Corporation, will acquire a fabrication facility, equipment, 1,100 employees, and other assets associated with Toshiba's 300mm wafer production facility in Oita, Japan. Sony plans to use the plant to manufacture CMOS sensors, which it sells to camera, smartphone, and tablet makers. The companies expect the deal to close by March 31, 2016. Sony's camera sensor business is one of its strongest.
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