Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Sony Corporation    6758   JP3435000009

SONY CORPORATION

(6758)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Sony : Acquires Nevion to Enhance its Portfolio of End-to-End IP/Cloud-based Production Solutions for Broadcasting and other Applications

share with twitter share with LinkedIn share with facebook
09/30/2020 | 06:15am EDT

Sony Imaging Products & Solutions Inc.

Sony Corporation

Tokyo, Japan - Sony Imaging Products & Solutions Inc. ("Sony") today announced that it is acquiring Nevion AS ("Nevion"), a leading provider of virtualized media production solutions, to further enhance its portfolio, providing end-to-end IP and cloud-based production solutions for broadcasting and other applications. Sony, which has been a minority shareholder in Nevion since July 2019, is purchasing the remaining shares in the company, and making it a subsidiary.

Sony has been at the forefront of IP-based production innovation for the past decade. In recent years, there has been an increasing demand in broadcasting and other business areas for remote production solutions and remote integration (REMI), as they allow resources such as equipment, facilities and even staff to be shared across locations in real-time, resulting in greater efficiency and effectiveness. The spread of COVID-19 has accelerated this trend, and the need of combining on-premise facility and cloud processing, enabling remote work and resource sharing, has become the basis of business continuity planning for the broadcast and production community. Since June 2019, Sony has had a strategic partnership with Nevion, and both companies have been collaborating to address those markets. This investment will enable Sony to build a much closer relationship with Nevion and lead to the delivery of more integrated solutions.

"We are always listening to our customers' feedback, pushing hard to deliver innovation that goes beyond their expectations. Through this investment, we will take the scope of IP-based remote production to the next level as one of our highly focused business fields", said Mikio Kita, VP of Media Solutions, Sony Imaging Products & Solutions Inc. "As the Sony Group, we pursue technologies to achieve `Remote', `Reality' and `Real time' solutions. With Nevion's acclaimed expertise, we will deliver more integrated and optimal experience for our customers." About Nevion AS

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE


share with twitter share with LinkedIn share with facebook
All news about SONY CORPORATION
10/23Data Call Technologies, Inc. Reported Positive Working Capital Of $72,910
AQ
10/23SONY CORPORATION : half-yearly earnings release
10/23FEATURE : Anime "Demon Slayer" helps Japan cinema industry fight pandemic blues
AQ
10/22Japan stocks end lower as firmer yen, U.S. political uncertainty weigh
RE
10/21Japanese shares fall on rising yen, U.S. political uncertainty
RE
10/20'Genshin Impact' revenues soar as China gaming goes global
RE
10/19Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles
DJ
10/16SONY : India introduces attractive promotional offers for Diwali
AQ
10/15Nikkei flat as coronavirus resurgence in Europe hits sentiment
RE
10/15SONY : Residente signs with Sony to write, direct on-screen content
AQ
More news
Financials
Sales 2021 8 298 B 79 225 M 79 225 M
Net income 2021 534 B 5 095 M 5 095 M
Net cash 2021 2 212 B 21 125 M 21 125 M
P/E ratio 2021 17,9x
Yield 2021 0,63%
Capitalization 9 646 B 92 065 M 92 104 M
EV / Sales 2021 0,90x
EV / Sales 2022 0,80x
Nbr of Employees 111 700
Free-Float 96,7%
Chart SONY CORPORATION
Duration : Period :
Sony Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SONY CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 9 900,00 JPY
Last Close Price 7 820,00 JPY
Spread / Highest target 67,5%
Spread / Average Target 26,6%
Spread / Lowest Target 2,30%
EPS Revisions
Managers
NameTitle
Kenichiro Yoshida Co-Chairman, President & Chief Executive Officer
Shuzo Sumi Co-Chairman
Hiroki Totoki Chief Financial Officer, Director & Vice President
Toru Katsumoto Senior Managing Executive Officer, Head-R&D
Makoto Toyoda Chief Information Officer & Executive Officer
Sector and Competitors
1st jan.Capitalization (M$)
SONY CORPORATION5.66%92 065
PANASONIC CORPORATION-13.13%19 915
LG ELECTRONICS INC.24.27%13 416
TCL TECHNOLOGY GROUP CORPORATION36.69%11 837
SHARP CORPORATION-24.04%7 462
SHENZHEN MTC CO., LTD.83.33%4 287