Mark used our newssubmit to tell us that the American company Imation and Indian company Moser Baer have created a joint venture. Imation is one of the biggest CD-R(W) media brands and one of the biggest customers of Taiwanese CD-R manufacturer CMC Magnetics.
With the joint venture of Moser Baer it is likely that Imation CD/DVD discs will now be produced in the Indian factories of Moser Baer. Moser Baer media is generally considered as medium quality.
"Optical media is rapidly becoming a universal format for digital content in professional and personal desktop and consumer electronics applications'”and this convergence is driving explosive demand," said Frank Russomanno, president, Imation's Data Storage and Information Management business. |
"By bringing together the resources of two leading optical media companies to form Global Data Media, we are in an even stronger position to meet the increased market demand for superior media. This joint venture demonstrates that we are committed to building upon our experience of advancing the performance capabilities of optical media."
It will be intresting to see wether Imation will also still sell discs produced by CMC which are generally considered as below medium quality, also CMC has been one of the largest disc makers on the world with Imation as one of their biggest costumers. Read the entire press release here.
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Source: Imation
