Tdk Corp

Sound Source Interactive Inc., Calabasas, announced that it has agreed to sell a controlling interest to TDK USA Corp., a subsidiary of TDK Corp., in a stock purchase agreement worth $5 million. TDK will choose the board of directors and the management of the new company, TDK Mediactive Inc., which will be headquartered in Calabasas. TDK Corp. is a $7 billion global electronics, recording media products and entertainment company.

Irvine-based chip maker TDK Semiconductor Corp. has been sold to San Francisco investment firm Golden Gate Capital for an undisclosed sum, the companies said Monday. TDK Semiconductor was a unit of TDK USA Corp., the American arm of Japanese electronics conglomerate TDK Corp. TDK Semiconductor will retain its current management team and remain headquartered in Irvine, but it will be renamed, Golden Gate said. Golden Gate invests directly in businesses and manages more than $2.

TDK Corp., the world's largest maker of audio and video tapes, said it has acquired more than a fourth of privately held Vertex Networks Inc., an Irvine-based semiconductor company, for $25 million in cash. The purchase makes Tustin-based TDK Semiconductor Corp., a wholly owned unit of TDK, the largest shareholder of Vertex, said spokesman Nobuyuki Koike. Vertex, which has 50 employees and annual sales of $14 million, makes advanced integrated circuits known as controller ICs.

TDK Mediactive Inc., formerly Sound Source Interactive Inc., of Calabasas has completed an equity investment by TDK USA Corp. TDK USA acquired approximately 16.6 million shares, 74% of Sound Source's stock, for $5 million. TDK USA is a subsidiary of TDK Corp., a manufacturer of electronic components and recording media products. Sound Source Interactive Inc. has been renamed TDK Mediactive Inc. to be compatible with the company's European counterpart TDK Mediactive across Europe.

TDK Mediactive Inc., formerly Sound Source Interactive Inc., of Calabasas has completed an equity investment by TDK USA Corp. TDK USA acquired approximately 16.6 million shares, 74% of Sound Source's stock, for $5 million. TDK USA is a subsidiary of TDK Corp., a manufacturer of electronic components and recording media products. Sound Source Interactive Inc. has been renamed TDK Mediactive Inc. to be compatible with the company's European counterpart TDK Mediactive across Europe.

Irvine-based chip maker TDK Semiconductor Corp. has been sold to San Francisco investment firm Golden Gate Capital for an undisclosed sum, the companies said Monday. TDK Semiconductor was a unit of TDK USA Corp., the American arm of Japanese electronics conglomerate TDK Corp. TDK Semiconductor will retain its current management team and remain headquartered in Irvine, but it will be renamed, Golden Gate said. Golden Gate invests directly in businesses and manages more than $2.

Silicon Systems, a Tustin-based microchip maker, has agreed to be acquired by Japan's TDK Corp., the world's largest manufacturer of audio and videotapes, for about $200 million. TDK, which will pay $20 for each of Silicon Systems' about 10 million shares outstanding, said it plans to invest an additional $200 million in the company's operations and its research and development division. No major increase in employment is expected, however. Silicon Systems' Chairman Carmelo J. Santoro said the acquisition will help it become more competitive.

TDK Corp., the Japanese electronics giant, has opened in Irvine its first U.S. plant to manufacture computer micro-disks, TDK officials said. TDK officials said the decision to transfer micro-disk production from Japan to the United States was made largely because of anti-dumping duties imposed on Japanese micro-disk manufacturers earlier this year. The plant, which began production last month, will produce 3.

Silicon Systems, a Tustin-based microchip maker, has agreed to be acquired by Japan's TDK Corp., the world's largest manufacturer of audio and video tapes, for about $200 million. TDK, which will pay $20 for each of Silicon Systems' approximately 10 million shares outstanding, said it plans to invest an additional $200 million in the company's operations and its research and development division. No major increase in employment is expected, however. Silicon Systems' Chairman Carmelo J. Santoro said the acquisition will help it become more competitive.

Fernando Avila could write a book about how badly he wants to visit Japan, but after penning an award-winning essay, he doesn't have to. Fernando, a student at Willard Intermediate School, recently won first prize in a national essay contest, earning a trip to Japan. The 12-year-old is one of six students nationwide who won all-expenses paid, 13-day trips that include a trip to Tokyo, rides on a bullet train, a visit to a Kabuki theater performance and a stay with a Japanese family.

Sound Source Interactive Inc., Calabasas, announced that it has agreed to sell a controlling interest to TDK USA Corp., a subsidiary of TDK Corp., in a stock purchase agreement worth $5 million. TDK will choose the board of directors and the management of the new company, TDK Mediactive Inc., which will be headquartered in Calabasas. TDK Corp. is a $7 billion global electronics, recording media products and entertainment company.

TDK Corp., the world's largest maker of audio and video tapes, said it has acquired more than a fourth of privately held Vertex Networks Inc., an Irvine-based semiconductor company, for $25 million in cash. The purchase makes Tustin-based TDK Semiconductor Corp., a wholly owned unit of TDK, the largest shareholder of Vertex, said spokesman Nobuyuki Koike. Vertex, which has 50 employees and annual sales of $14 million, makes advanced integrated circuits known as controller ICs.

Fernando Avila could write a book about how badly he wants to visit Japan, but after penning an award-winning essay, he doesn't have to. Fernando, a student at Willard Intermediate School, recently won first prize in a national essay contest, earning a trip to Japan. The 12-year-old is one of six students nationwide who won all-expenses paid, 13-day trips that include a trip to Tokyo, rides on a bullet train, a visit to a Kabuki theater performance and a stay with a Japanese family.

TDK Corp., the Japanese electronics giant, has opened in Irvine its first U.S. plant to manufacture computer micro-disks, TDK officials said. TDK officials said the decision to transfer micro-disk production from Japan to the United States was made largely because of anti-dumping duties imposed on Japanese micro-disk manufacturers earlier this year. The plant, which began production last month, will produce 3.

When Carmelo Santoro joined Silicon Systems Inc. in 1982, the Tustin company was a rather unspectacular maker of custom computer chips with annual sales of about $13 million. Santoro, Silicon Systems' president and a veteran of computer chip manufacturers such as Motorola, RCA and IBM, soon realized that the Tustin firm would have to devise a new strategy if it was to grow into a major company.

Silicon Systems, a Tustin-based microchip maker, has agreed to be acquired by Japan's TDK Corp., the world's largest manufacturer of audio and video tapes, for about $200 million. TDK, which will pay $20 for each of Silicon Systems' approximately 10 million shares outstanding, said it plans to invest an additional $200 million in the company's operations and its research and development division. No major increase in employment is expected, however. Silicon Systems' Chairman Carmelo J. Santoro said the acquisition will help it become more competitive.

When Carmelo Santoro joined Silicon Systems Inc. in 1982, the Tustin company was a rather unspectacular maker of custom computer chips with annual sales of about $13 million. Santoro, Silicon Systems' president and a veteran of computer chip manufacturers such as Motorola, RCA and IBM, soon realized that the Tustin firm would have to devise a new strategy if it was to grow into a major company.

Silicon Systems, a Tustin-based microchip maker, has agreed to be acquired by Japan's TDK Corp., the world's largest manufacturer of audio and videotapes, for about $200 million. TDK, which will pay $20 for each of Silicon Systems' about 10 million shares outstanding, said it plans to invest an additional $200 million in the company's operations and its research and development division. No major increase in employment is expected, however. Silicon Systems' Chairman Carmelo J. Santoro said the acquisition will help it become more competitive.