Sony to sell its PC division

Saqib Shah

February 5, 2014

Sony is reportedly in talks to sell its PC division to investment fund Japan Industrial Partners for approximately 50 billion yen ( £275 million).

A new company will be formed to sell the computers as a result of the deal, with Sony retaining a small stake in the firm.

Reports had also surfaced earlier in the week that claimed that Chinese technology company Lenovo Group was in talks about a possible joint venture to take over Sony’s loss-making Vaio PC business overseas. Sony denied the claims but acknowledged that it was looking at various possibilities for the Vaio.

Much like Microsoft, Sony’s new strategy – as announced by its CEO Kazuo Hirai in 2012 – puts the focus on mobile computing and gaming. Consequently, the sale of its PC division could free up the company to focus on its new goals.

Source: Reuters, TechCrunch

About the Author

Saqib Shah

Tech/gaming journalist for What Mobile magazine and website. Interests include film, digital media and foreign affairs.

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