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Sony selling off VAIO computer business

06
Feb
2014

Confirming reports from earlier in the week, Sony has announced plans to sell off its VAIO computer division to a Japanese investment fund. Japan Industrial Partners (JIP) will take control of the operation for an undisclosed fee, and Sony will cease planning, design and development of PC products. For a variety of reasons including the drastic changes in the global PC industry, Sony says the optimal solution is to concentrate its mobile product lineup on smartphones and tablets and to transfer its PC business to a new company. Sony blames drastic changes in the global PC industry

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