Sony Optiarc Inc. (formerly Sony NEC Optiarc Inc.) is a subsidiary of Sony Corporation that has been shut down. The company's business was the design and manufacturing of optical disc drives, primarily for the OEM desktop and notebook PC markets.
The company was established on April 3, 2006 as a joint venture between Sony and NEC Corporation, each had share of 55% and 45% respectively. On September 11, 2008, it was announced that Sony would take over NEC's 45% share, making Optiarc wholly owned subsidiary of Sony. This took effect on December 5, 2008.
In March 2013, Sony closed Sony Opitarc optical disk division. About 400 employees were laid off globally.
See also
Similar joint ventures in the data storage industry: