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Moser Baer forays into Blu-ray discs

Moser Baer forays into Blu-ray discs
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First Published: Wed, Feb 07 2007. 04 04 AM IST
Updated: Wed, Feb 07 2007. 04 04 AM IST
Moser Baer, the world’s second largest maker of optical digital media such as digital video discs, has made an entry into Blu-ray, an emerging storage technology that promises high quality video, with the acquisition of a testing and manufacturing division of Royal Philips.The Rs57 crore OM&T, formerly Optical Media and Technology group of Philips, in Eindhoven, the Netherlands, tests and sells Blu-ray related technologies to disc producers. With OM&T, the only company outside Japan that ships Blu-ray discs, in its fold, Moser Baer plans to be among the first few global manufacturers of the Blu-ray disc. Financial terms of Tuesday’s deal were not disclosed.
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First Published: Wed, Feb 07 2007. 04 04 AM IST
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