Toshiba Combines U.S. Subsidiaries

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Toshiba America Information Systems, Inc. (TAIS) and Toshiba America Consumer Products, L.L.C. (TACP) announced that they will be unified into a single operating company.

According to the statement, headquartered in Irvine, Calif., TAIS markets and sells information technology products, including laptop computers, storage devices, telephone systems and industrial camera products in the U.S.

TACP, headquartered in Wayne, New Jersey, markets and sells home entertainment products, including high definition flat panel TVs, Blu-ray Disc players, TV/DVD combination products and portable DVD players.

This initiative will integrate TACP as part of the Digital Products Division (DPD), a division of TAIS. The new operation will be located at the current TAIS headquarters in Irvine, Calif. and the unification process will commence on July 1, 2010.

Under this unification, TAIS will market and sell a full line of LED and LCD TVs, TV/ DVD combination units, Blu-ray Disc players, portable DVD players, and DVD player and recorder products, as well as laptop computers, hard drives, industrial camera products, telecommunication systems and imaging systems.

“This integration of our PC and TV business makes us the strongest player in the combined category in the U.S. and allows us to be a leader in providing synergies between the products and in offering innovative solutions for the connected home,” stated Mark Simons, president of Toshiba America Information Systems. “We will also achieve efficiencies of operation that further enhance our competitiveness.”

In addition to TAIS, Irvine, Calif. is also home to other Toshiba America subsidiaries, including Toshiba America Business Solutions, Inc. (TABS), Toshiba America Electronic Components, Inc. (TAEC) and Toshiba America Medical Systems, Inc. (TAMS). Additionally, the location offers easier access to overseas manufacturing facilities, as well as to Toshiba Corporation which is headquartered in Tokyo, Japan.

For more information visit: www.toshiba.com ; www.tacp.toshiba.com ; www.toshibatv.com