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Friday, December 4th Matsushita Licenses FireWire From Apple
Matsushita's portfolio includes such consumer brands as Panasonic. The company is one of the largest consumer manufacturers in the world. The Mac Observer Spin: FireWire was originally invented as a replacement for SCSI hard drive technologies. Since then it has become popular in the video, digital camera, and other related technologies. Selling a license for the technology to a monster company such as Matsushita will be a huge boost to the acceptance of FireWire as a mainstream technology. This move could also reduce in lower costs for future FireWire products as more companies begin competing in the market place. The license will be a good revenue source for Apple which has continued to see its bottom line improving during the last 14 months. In the past, Apple has seldom been able to turn many of its technologies into revenue producing products. QuickTime and FireWire are hopefully signs of a new ongoing trend in this arena. It is imperative for Apple to be able to continue making money from its R&D efforts if it is to get back to its former prominence as one of the leading technology companies in the world.
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