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Panasonic and Hitachi finalize paperwork in LCD alliance

Darren Murph

We figured it was coming, we knew it was coming, and sure enough, it has arrived. All build-up aside, the LCD deal -- not to be confused with the already implemented plasma arrangement -- between Matsushita (Panasonic) and Hitachi has finally been finalized, and under the terms of the agreement, Matsushita will acquire a 24.9-percent stake in Hitachi Displays, Ltd. by March 31st, pending regulatory approval. It should be noted, however, that Hitachi and Canon (who is technically still a part of this wheelin' and dealin' triangle) are still working to hammer out a formal contract, but you can get all up in the fine print by tapping the read link below.

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