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Mergers Acquisitions – Sony to sell PC business

mergertech.wordpress.com/2014/02/12/mergers-acqu... - Details

mergertech: In a press conference, Sony’s CEO Kazuo Hirai, said that he wanted the company to focus its resources and acquisition strategy on emerging areas like smartphones and video game consoles. He also said that the decision to sell to the PC unit...

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mergertech saved this page on 02/12/2014 04:12am

In a press conference, Sony’s CEO Kazuo Hirai, said that he wanted the company to focus its resources and acquisition strategy on emerging areas like smartphones and video game consoles. He also said that the decision to sell to the PC unit was “agonizing.” Sony plans to keep a 5 percent stake in the new company that will be formed after the sale.

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