Although the company officially gave up on its HD-DVD business back in February 2008, the move is heralded by many as the final nail in the coffin for the competing high definition format.
Confirming rumours from a few weeks ago, the company has also said it is in the process of developing a range of Blu-ray products, including BD players and notebook PCs integrating BD drives, in the course of this year.
While video and other multimedia has been the primary focus for Blu-ray, the large storage capacity of these optical discs has created some interest as an archival and removable storage medium.
Those businesses that may have opted for HD-DVD for this purpose will now have to reconsider their investment and probably look to transferring all their data to Blu-ray.
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