Canon Buys Toshiba's Stake in SED

This image was lost some time after publication, but you can still view it here.
This image was lost some time after publication, but you can still view it here.

Canon and Toshiba are going their separate ways in what was their joint SED-based venture. The reason? It seems that Nano-Proprietary, a Texas-based company which licensed technology to Canon, is crying foul over the fact that Canon is sharing Nano's technology with Toshiba. As a result, Canon is telling Toshiba to fork over their 50% stake in their SED venture, making it a one-company project. It's uncertain how this is gonna play out in the long run, although Canon insists they'll still produce the displays for the fourth quarter of 2007. But between their previous delays and their skipping CES, it just sounds like SED is heading the way of vaporware.

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Canon to Buy Toshiba's Stake in Display Unit [Yahoo News]

DISCUSSION

elaine-chow-old
Elaine Chow

Well, the interesting thing about it is that, though Toshiba's giving up it's stake, it still has a lot of control and say in Canon's SEDs.

It allowed the president of SED Inc. (their joint venture) to step down from Toshiba and take a job at Canon as... president of SED Inc.

And then it promised to buy SED panels from Canon to make SED TVs under the Toshiba brand.

From what I can tell, this is just a move to bypass having to pay more than the millions of dollars it already paid in licensing fees to Nano-Prop.