Panasonic agrees to controlling stake in Sanyo

Ah here we go, a major acquisition following a quarter of disturbingly bleak financial results from Japan's tech community.

First from the chute is Panasonic, which according to Nikkei and other members of the media elite, has reached a preliminary agreement to takeover its troubled domestic rival, Sanyo -- details to be announced on November 7th. The chatter began in ernest over the weekend with plenty of folks blabbing about Panasonic's plan to create a "battery superpower" meant to dominate a future that envisions a taller, more slender mankind tooling about in form-fitting jumpsuits from the safety of silent, electric cars. The deal would also extend Panasonic's range of consumer electronics while giving it access to Sanyo's solar panel production. Yeah, yeah, we get it, now let's just make it official already, k fellas?

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Panasonic's Micro Four Thirds Lumix DMC-G1 reviewed: only knocks is the price

The question has been on your mind since we first got wind of this so-called "Micro Four Thirds" concept back in August: how will it stack up? Now that Panasonic's Lumix DMC-G1 is filtering out to the world, we're able to kick back and digest a mammoth review of this here camera thanks to the fine folks at Digital Camera Resource.

Without going into dissertation-level detail in this space, we'll tell you that the biggest issue critics had with the G1 was its price. Not the image quality. Not the size. Just the price. In other words, Panny has delivered a superb camera that offers up "very good quality photos, an unmatched live view shooting experience and a nice collection of both automatic and manual controls." Deemed the first to "truly offer a point-and-shoot experience on an interchangeable lens camera," the DMC-G1 looks to be a real winner if you've got $800 to blow.

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Panasonic's Lumix DMC-G1 ninja ships to consumers

Panasonic had us fooled with that press release dating its micro Four Thirds camera, the Lumix DMC-G1, for mid-November. We're not sure what Panny was trying to pull, but when we took a gander at its online store today we discovered that the G1 has already started shipping. The price is $799.95 as expected, so your time has come if you've been dying to try this slim and sexy micro Four Thirds thing out -- though we might wait for a few reviews to drop to confirm that the performance matches the price.

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