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Sony reportedly in talks to offload PC business to Lenovo (who else?)

Zach Epstein
February 4th, 2014 at 12:35 PM
Sony PC Business Sale

Selling computers is a tough racket to be in right now, and it looks like Sony might be nearing the end of the road. A report from Reuters on Tuesday morning suggests that Sony is currently in talks to sell its Vaio PC operations to Lenovo, which seems to be linked to any and all consumer tech M&A chatter in the market these days. Lenovo just acquired Motorola Mobility from Google for about $3 billion and the company’s buying spree could continue with Sony’s computer division. Why would Lenovo buy Sony’s loss-making computer biz? Good question, and it’s one that investors in Japan pondered as well while they drove Lenovo’s share price down more than 16%. A separate report from Nikkei said that investment fund Japan Industrial Partners is actually eying Sony’s PC business, not Lenovo, and the deal could be worth between $391 million and $489 million.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.




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