Sony announces it will lay off 5,000 staff and exit the PC industry in major business reorg

[NewsCopy]

Sony has announced that it is laying off 5,000 staff as part of major restructuring plans that will see the Japanese firm sell its Vaio PC business and spin its... Keep reading →

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TheNextWeb

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Just days after it was reported that Sony might sell their Vaio PC division, the company has gone ahead and made the deal official. Sony will sell their entire PC division to Japan Industrial Partners for an undisclosed amount, and immediately cease the design and development of any further PC...












TechSpot

[Centrics]

Sony, one of the popular Windows OEM known for its high-end machines today announced its sale of VAIO PC business to Japan Industrial Partners. So, Sony won’t be releasing/selling VAIO Windows devices once the deal is over. Read more about it below. Sony and Japan Industrial Partners Inc. (“JIP”) today concluded a memorandum of understanding confirming the parties’ intent for Sony to sell to JIP Sony’s PC business currently operated under the VAIO brand. 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. Sony and JIP will now proceed with due diligence and negotiate detailed terms and conditions of the business transfer, targeting the conclusion of a...

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