Sony has decided to sell its VAIO PC division in an effort to concentrate on mobile devices. The deal was made with Japan Industrial Partners Inc. (JIP), which is expected to take care of the business in its homeland and then expand to other parts of the world.
Following a comprehensive analysis of factors, including the drastic changes in the global PC industry, Sony’s overall business portfolio and strategy, the need for continued support of Sony’s valued VAIO customers, and future employment opportunities for personnel involved in the VAIO business, the Company has determined that concentrating its mobile product lineup on smartphones and tablets and transferring its PC business to a new company established by JIP is the optimal solution.
The conclusion of a definitive agreement is expected by the end of March 2014. Meanwhile, the two parties will proceed with due diligence and negotiate detailed terms and conditions of the business transfer.
Sad day for Sony notebook fans…