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Home : February 05 2014 Computer News : For Sony, it's a good time to offload struggling Vaio business

For Sony, it's a good time to offload struggling Vaio business

February 05, 2014

Struggling electronics giant Sony painted a rosy picture of its future at CES last month, but it will likely have to shed divisions that are battling intense headwinds. Speculation has focused on its PC business, known for the Vaio brand, which is rumored to be up for sale. Last week, Sony denied press reports that it was trying to sell its PC unit to Lenovo. This week, another potential buyer has been mooted—Tokyo-based investment fund Japan Industrial Partners (JIP). The possible sale, reported in the Nikkei newspaper, would involve the establishment of a new company that would take over Sony’s PC business. The price tag would be about ¥40 billion (US$394 million) to ¥50 billion.To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2094620/for-sony-a-good-time-to-offload-struggling-vaio-business.html#tk.rss_all
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