SANYO
SANYO Electric Co., Ltd. is a major electronics company and member of the Fortune 500 whose headquarters is located in Moriguchi, Osaka prefecture, Japan. Sanyo targets the middle of the market and has over 324 offices and plants worldwide, together employing more than 11,000 employees.
On November 2, 2008, Sanyo and Panasonic announced that they have agreed on the main points of a proposed buyout that would make Sanyo a subsidiary of Panasonic and a formal announcement of the acquisition was made on Sanyo's web site on December 19, 2008. Panasonic plans to make an offer in late July or early August and make Sanyo a subsidiary in September. more
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