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Panasonic to buy Sanyo
"The acquisition, which... could cost about $8.8 billion, would fortify Panasonic's competitiveness in rechargeable batteries and solar power equipment as demand grows for greener energy sources. Panasonic would at the same time become the world's second-largest conglomerate with a major electronics division, behind General Electric and surpassing Hitachi Ltd as the biggest electronics maker in Japan."
See Panasonic to buy Sanyo, more deals may follow | Technology | Reuters |
Like that SNL Weekend Update segment: "Really!?!"
For even greener pastures for environmentally friendly, I could possibly dream of these guys after the merger developing a Lithium-ion battery with a solar cell installed in it's case. Whether it be cars, houses, or even camcorder batteries. |
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