Indigo announces sale of Kobo to Japanese firm for US $315 million

Indigo, the majority shareholder in Kobo, announced today that it has agreed to sell Kobo Inc. to Rakuten, Japan’s biggest online shopping mall operator, for US$315 million.

The book retailer, which founded and spun Kobo off in 2009 as an independent company, says expects to receive approximately US$140 million to US$150 million from the proceeds of the sale on a fully diluted basis.

Canon announces latest PowerShot and ELPH cameras

Canon Canada today announced three new PowerShot Digital cameras, the PowerShot SX150 IS, ELPH 510 HS and the ELPH 310 HS. Canon also announced the HF-DC2 Flash unit for the PowerShot line-up.

Features of new cameras, which range in price from $280 to $400, include the ability to record high definition video, image stabilization, Smart AUTO with 32 shooting scenes, and High-Speed Burst mode.

Sanyo ships five new dual cameras

Sanyo Canada announced today that it is now shipping five new dual HD cameras, cameras that record video and photos, to Canadian retailers.

All five models feature face detection and image stabilization technologies as well as the ability to record in 1920 x 1080 HD video, and between 8 and 14 megapixel still image capability.

New Panasonic SDXC memory cards offer 64GB of storage

At the 2009 CES, the SD Card trade organization announced SDXC (eXtended Capacity) memory card specification which would provide up to 2 terabytes of storage capacity. The current generation of SDHC memory cards are limited to 32 GB capacities.

This year at CES, Panasonic announced its first SDXC cards, as well as compatible digital cameras and camcorders, would be available in February.