CRISIL Downgrades Ratings on Moser Baer
CRISIL, a Standard & Poors company, has downgraded its ratings on the bank facilities of Moser Baer India Limited (MBIL) from ‘BBB-/Negative/P3’ to ‘BB+/Negative/P4+’.
Archive of posts filed under the Financial category.
TDK Shuts Down Recordable CD and DVD Manufacturing in Luxembourg
TDK Corporation announced that it is shutting down its recordable CD and DVD disc manufacturing operation in Luxembourg.
Time Warner Sells DVD/CD Manufacturing and Distribution Businesses to Cinram
Time Warner Inc. announced the completion of the sale of its DVD and CD manufacturing, printing, packaging, physical distribution and merchandising businesses to Cinram International for roughly US$1.05 billion in cash.
Mitsui Advanced Media Sheds U.S. CD-R Plant, Becomes MAM-A
On June 16, Mitsui Advanced Media Inc. made a low-key announcement that Computer Support Italcard s.r.l. (CSI) had acquired a majority position in the longstanding CD-R company now to be known as MAM-A, Inc. Located in Colorado Springs, Mitsui Advanced Media was formerly a wholly owned subsidiary of Japanese industrial giant Mitsui Chemicals, Inc.
Apple Acquires Astarte’s DVD Authoring Team, Products and Technology
Apple announced that it has acquired Astarte’s DVD authoring software team, products and associated underlying technology.
Rimage to Acquire Cedar Technologies
Rimage Corporation announced that it has signed a definitive agreement to acquire Cedar Technologies.
Adaptec Purchases Toast CD Recording Software
Adaptec, Inc. announced that it is purchasing the technology to Markus Fest’s Toast Macintosh CD recording software for $7.5 million.
Microtest Acquires Optical Media International
Microtest, Inc. announced that it has acquired CD-ROM and CD-Recordable industry pioneer Optical Media International (OMI) for $4 million in cash.