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Toshiba to Pay $5.4 Billion for Westinghouse

Posted by ScuttleMonkey on from the much-longer-laptop-battery-life dept.

Philip writes "Business electronics firm Toshiba is bidding for 100% control of Westinghouse - famous for making blenders and LCD televisions, but principally in the business of building nuclear reactors. 'By 2020 the market for nuclear power generation is expected to grow 50 percent compared to 2005,' Toshiba CEO Nishida said at a London news conference. 'Toshiba is responding to this challenge by acquiring Westinghouse.'"

8 of 226 comments (clear)

  1. Does this mean... by metternich · · Score: 4, Funny

    Nuclear Powered Laptops?

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    Facts do not cease to exist because they are ignored.
    1. Re:Does this mean... by 20th+Century+Boy · · Score: 5, Funny

      Gives a new meaning to the term "Blue Screen of Death".

  2. 24 by Douglas+Simmons · · Score: 4, Funny

    How can we developing more nuclear technology without securing the manual override from our defense contractors? Am I the only one watching these 24 Monday Marathons???

  3. In other news... by pmike_bauer · · Score: 5, Funny

    ...Iran's bid for Westinghouse is 5.5 billion

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    I read /. for the (Score:-1, Conservative) comments.
  4. Oh no! by akira69 · · Score: 1, Funny

    The Japanese with nuclear capabilities!!! The humanity!

  5. Lock 'n Spin by macwarriorny · · Score: 2, Funny

    I wonder if that means Westinghouse nuclear plants have the "Lock 'n Spin" feature, like their old washing machines from the 1960s and early 1970s (before "White Westinghouse") did.

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    Life is such a sweet insanity. The more you learn, the less you know.
  6. Re:WoW by DeepDarkSky · · Score: 3, Funny

    I'm personally waiting for the Westinghouse Deathstar product next.

  7. Re:uhhh... no. by serutan · · Score: 2, Funny

    prohibited... within 12 miles of food preparation areas

    Crap. My living room is way less than 12 miles from my kitchen.