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Industry: Email Alert RSS FeedSanshin invests in Sonic - Post News - Brief Article
Post, Jan, 2002
NOVATO, Calif.--Sanshin Electronics Co., Ltd., the Japanese distributor or Sonic Solutions (www.Sonic.com), has made a $1 million equity investment in Sonic, acquiring 250,000 shares of its Series E preferred stock. The company as been a distributor of Sonic's professional and consumer products in Japan since 1998,
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"Sonic is the market eader in supplying professional and consumer DVD authoring systems," says Mitsumasa Matsunaga, president/representative director of Sanshin. "We beleve that this market, especially The consumer segment, is about to experience explosive growth."
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