Vaio Out – Deal Wavering for Fujitsu/Toshiba

Vaio has left the talks revolving around a merger of its PC unit with that of Fujitsu and Toshiba (New Toshiba Plan May Include PC Sale), according to sources speaking to the Wall Street Journal. The discussions now risk collapsing, and the companies may need to find a way to survive separately.

Japan Industrial Partners, which purchased a controlling stake in Vaio from Sony in 2014 (Display Monitor Vol 21 No 6), confirmed that it has left the talks. Fujitsu is still in discussions with Toshiba, but neither wants to take a majority of the proposed company, said the WSJ’s sources.

Vaio walked away because ‘it felt the negotiations were going nowhere’. A Toshiba spokeswoman said that the company is considering various options, including a merger, but that nothing has been decided.

Analyst Comment

We have also heard that the deal is stalled from other sources. (BR)