Toshiba is finalizing plans to sell its image sensor business to Sony for an estimated $ 165 million (¥20 billion) in a bid to raise cash after a $ 1.3 billion accounting scandal. Toshiba has been unloading assets as part of its restructuring plan. Sony currently has 40% of the growing image sensor market, and is quadrupling spending to keep up with demand.
Articles: Digital Photography Review (dpreview.com)