IPS Alpha to Become Matsushita Subsidiary
On February 15, 2008, Hitachi and Matsushita Electric Industrial announced an alliance reached on December 25, 2007 by Hitachi, Matsushita, and Canon. Under the terms of this agreement, Matsushita will acquire a 24.9% stake in Hitachi Displays, which is a wholly owned Hitachi subsidiary that makes small/medium LCD panels, from Hitachi by March 31, 2008. [...]

