Toshiba, Fujitsu and Vaio PC divisions could join forces
Three Japanese electronics companies Toshiba, Fujitsu and Sony spinoff Vaio are reportedly thinking about merging their PC divsions to create the largest PC company in Japan, reports Nekkei.
The three companies are in negotiations, and are expected to sign a basic agreement this month and could launch the combined company in April 2016. Toshiba, Fujitsu and Investment fund Japan Industrial Partners, Vaio's top shareholder are likely to invest 30 percent each in the new company.
The report futher states that Vaio is likely to be the remaining company if the deal takes place, which means the new company may bear the Vaio name, with Toshiba and Fujitsu transferring staff, investment and operations to the combined entity.
The move would create a supergroup and control more than 30 percent of Japan's PC market making it bigger than Lenovo, the current market leader, which has about 26 percent share in Japan.
While Toshiba, Fujitsu and Vaio are all Japan based, each has some international presence, with Fujitsu offering PCs in Europe as well as the U.S, Toshiba has a strong presence in North America, while Vaio, a Sony spinoff in 2014 recently entered the U.S market with its Canvas Z tablet.
Even if the three companies come together and did merge their PC divisions, they would relatively be a small player in the global PC market which is currently dominated by Lenovo, HP, and Dell. However, the combined company could take on the lower-placed entrants like Asus and Acer.
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Toshiba, Fujitsu and Vaio PC divisions could join forces
Reviewed by Kaiser
on
12/04/2015 10:46:00 PM
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