The Sony Company was incorporated in 1946 as Tokyo Telecommunications Engineering Corporation. Its founders were Masaru Ibuka, whose Japan Precision Instruments Company had supplied electronic devices during World War II, and Akio Morita, an applied sciences instructor. The venture, which was funded by Morita's father, was formed to apply the advanced technology developed during the war to the manufacturer of consumer products. They renamed the company Sony (from the Latin sonus, sound) in 1958 and became one …
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…business, and he contributed to the overall management of the company. By the early 1990s Sony had purchased CBS records and Columbia Pictures. The latter was a disaster at first, but not only has the studio turned around, but it has helped cement Sony's place in the multimedia future. Sony continues to blaze new business frontiers in information and biotechnology fields as economic globalization brings about a global market. Masaru Ibuka (1908-1997) & Akio Morita (1921-1999)