Sony, Panasonic Team for 300GB Optical Disc Format

From DailyTech: Sony and Panasonic have announced that they have signed a basic agreement that will see them jointly develop a new standard for professional-use optical discs. The objective of the two companies is to expand their business for long-term digital data storage by developing an optical disc with a capacity of at least 300 GB.

The two companies are directly targeting businesses that need archival storage including motion picture, broadcasting, and cloud service industries.

Optical discs are likely to remain a preferred long-term storage option because the discs are dust- and water-resistant. Another significant benefit of using optical discs is that they allow inter-generational compatibility between different formats -- that means older optical formats can be read on current generation optical drives.

Sony and Panasonic hope to make the 300GB optical disc available by 2015.

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