Feeds

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

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

Secure remote control for conventional and virtual desktops

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. ®

Beginner's guide to SSL certificates

More from The Register

next story
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
NATO declares WAR on Google Glass, mounts attack alongside MPAA
Yes, the National Association of Theater Owners is quite upset
Inside the EYE of the TORnado: From Navy spooks to Silk Road
It's hard enough to peel the onion, are you hard enough to eat the core?
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.