Philips Optical Media and. Technology (OM&T)

Moser Baer joins the battle for next generation DVDs by acquiring a majority stake in OM&T, the Netherlands based R&D arm of Philips. The E10 million OM&T specialises in optical media R&D betting on Blue Ray discs. These are the next generation optical discs, which offer higher storage capacities and will replace the current compact discs (CDs) and DVDs.