Sony sells PC business to Japan Industrial Partners

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Japanese flag poleSony Corporation has agreed to sell its personal computer business to private equity firm Japan Industrial Partners (JIP).

Sony’s PC business and related assets will be sold to a new company established by JIP with the deal expected to be completed by July 1 this year.

The new company will be based at the Nagano Technology Site, the hub of Sony’s current PC operations, the group said in a statement.

Earlier this week it was reported that Sony was in talks to sell the business including the Vaio brand to JIP.

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