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sweetie88
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@sweetie88
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Sony - Mergers and acquisitions of Sony: 2005 — On April 8, 2005, The MGM Company (Metro-Goldwyn-Mayer and United Artists) was acquired by a Sony-led consortium (Providence Equity Partners 29%, Texas Pacific Group 21%, Sony 20%, Comcast 20%, DLJ Merchant Banking Partners 7% and Quadrangle Group 3%) finalised the deal to purchase the film studio for about $4.8 Billion, including $2bn in debts from Armenian-American Kirk Kerkorian. 2006 — Sony NEC Optiarc Inc a 55:45 (Sony 55%, NEC 45%) joint venture of Sony Corporation and NEC Corporation, was established in April. 2006 —Acquired digital Single Lens Reflex (Digital SLR) cameras section from Konica Minolta 2006 —Acquired Grouper Networks - a Sausalito based startup company that created a user generated video sharing platform and p2p technology for $65M.