Kutaragi To Head New Sony and Namco Company
Wednesday
Father of the PlayStation to oversee new audio and video content for PS3 processor ventureSony and Bandai-Namco have announced a 100 million yen (415,000 pound) joint venture to develop content based on the Cell processor at the heart of the PS3 - and other devices. Called Cellius, it will be formalised on March 5th with 'Father of PlayStation', Ken Kutaragi, as chairman.
According to Satoshi Fukuoka, a spokesman for Sony in Tokyo, Cellisus focus will be on "new entertainment products including audio and visual content."
Bandai-Namco will take 51% with Sony owning the residual 49% stake. The management will come from both companies, the president and one executive will come from Namco; Sony will provide the other executives.
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source: spong.com
Labels: industry news, Playstation 3
posted by Wasted Rage @ 1/24/2007 09:12:00 AM,
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Brock Raybon - Wasted Rage
Brock is a business owner by day and avid gamer and blogger by night. He writes about console and pc gaming, hdtv and technology news. Definitely a "CONSOLE FANBOY" born with a 2600 joystick in his hand.
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