Pioneer and Sharp will “dissolve” their “capital...

Pioneer and Sharp will “dissolve” their “capital alliance” after seven years (CED Sept 24/07 p1), though they'll continue running their “business alliance” through a five-year-old joint venture that combined their optical disc businesses (CED April 10/09 p3), they said Thursday. “Both companies have decided to dissolve the capital alliance as they have achieved the goals of the alliance, whose aim was to closely oversee the business alliance,” they said.