Feeds

Japanese investment company looks to snap off Sony's PC arm

A £302m deal looks Vaio-able this time...

The essential guide to IT transformation

Sony could be set to offload its Vaio PC business to investment fund Japan Industrial Partners after the firm refused to deny a report by local news service Nikkei that a ¥50 billon (£302m) deal is imminent.

The buyout firm would create a new company for Sony to sell its PC business to – for anywhere between ¥40-50bn. Under the putative plan Sony will apparently buy a small stake in the new firm, which will continue to sell Vaios and handle after-sales service.

It will also apparently keep operations in markets outside Japan where Vaio still has decent brand recognition, with many of the 1,000 employees Sony has working on PCs kept on either by the new company or transferred elsewhere within Sony.

The electronics giant’s Nagano facility may also be retained by the new company to house R&D and production, according to the report.

The latest rumours come just days after Sony was forced to quash speculation that the firm was in discussion about a sale to Lenovo.

At that time, Sony claimed “the press report on a possible PC business alliance between Sony and Lenovo is inaccurate”.

However, its response to the Nikkei story has been more ambiguous, leading many to speculate that this time there may be substance to the rumours.

The firm had this to say:

Sony has made no announcement in this regard. As Sony has announced previously, Sony continues to address various options for the PC business, but Sony has no further comments.

Japan Industrial Partners has already been busy this year, agreeing a deal with NEC last month to buy its BigLobe ISP business.

Under the terms of that deal, the buyout firm set up a "special purpose company" specifically for BigLobe, in a similar way to that being suggested in the Nikkei report. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?