google-site-verification=8WY2bCNHjVeqL52nRoYWwFU_gZm8Y6KGRLYVpzh2ESw XSTIG: May 2016

Monday, May 23, 2016

Augmented Reality A Growing Market In The Philippines

Pinoy smartphones users and netizens has something to look forward for with an introduction in the country of a new technology that is becoming a hit worldwide.

Innovative media enhancement technology “Augmented Reality” or simply “AR,” which integrates digital information into a real environment in real time, is now available in the Philippines.

This was announced by the executive of Spark Global Tech Systems, Inc., the exclusive partner of AR-based technology in the Philippines that is under license from Toppan, a 115-year-old company and is one of the largest global printing companies in Japan.

Augmented Reality is a technology used to superimpose virtual images onto photos taken by a smartphone in real time. Compared to an earlier technology called “virtual reality,” which is more of creating an artificial environment, AR utilizes an existing environment and “superimposes” new information on top of it.

Sunday, May 15, 2016

Western Digital Completes Acquisition Of SanDisk, Creating A Global Leader In Storage Technology

Western Digital® Corporation (NASDAQ: WDC) today announced that its wholly-owned subsidiary Western Digital Technologies, Inc. has completed the acquisition of SanDisk Corporation (NASDAQ: SNDK). The addition of SanDisk makes Western Digital Corporation a comprehensive storage solutions provider with global reach, and an extensive product and technology platform that includes deep expertise in both rotating magnetic storage and non-volatile memory (NVM).

The Company also indicated that the debt financing associated with this transaction has been consummated and that the previously obtained funds from this financing have been released from escrow to Western Digital Technologies, Inc.

"Today is a significant day in the history of Western Digital," said Steve Milligan, chief executive officer of Western Digital. "We are delighted to welcome SanDisk into the Western Digital family. This transformational combination creates a media-agnostic leader in storage technology with a robust portfolio of products and solutions that will address a wide range of applications in almost all of the world's computing and mobile devices. We are excited to now begin focusing on the many opportunities before us, from leading innovation to bringing the best of what we can offer as a combined company to our customers. In addition, we will begin the work to fully realize the value of this combination through executing on our synergies, generating significant cash flow, as well as rapidly deleveraging our balance sheet, and creating significant long-term value for our shareholders."