Sony Vaio PC Division Sold To JIP, Deal To Be Completed by March 2014

Japan-based electronics manufacturer Sony has announced today to sell its Vaio PC Division to another Japanese counterpart called Japan Industrial Partners (JIP). Sony and JIP are expected to agree on the terms and conditions of the deal by March 2014. However, untill the deal is finalized, Vaio will be under Sony itself.

Vaio, a brand which has been interpreted as Video Audio Integrated Operation and Visual Audio Intelligent Organizer, was first introduced in 1996 with the PCV desktop line-up. Now it will no longer be under the safe wings of Sony.

Recommended: How to Use Your Samsung Galaxy Gear Smartwatch Efficiently: Tips and Tricks

According to The Verge, JIP will hire between 250 and 300 Sony employees for the venture. The new parent company will initially begin by catering the product to the Japanese market. Also, Sony will be looking to invest 5 percent of the new company's capital. However, the company has not disclosed the financial aspect of the deal as of now.

Recommended: LG G Pro 2 Arriving With 5.9 inch Display, 77.2 per cent Screen-to-Phone Size Ratio

Yesterday, alongside the rumors that Sony had intentions to sell the PC Division, another interesting gossip also gained momentum stating that even Steve Jobs wanted Sony VAIO laptops to run Mac OS X back in the 2000.

And while that sounded more than extraordinary, The Verge mentions that even Steve Jobs admired the product. However, those are now just gossips pertaining to the Web.

In reality, back in April 2012, Sony did, in fact, announced that it will be reforming its strategy, which ended in drawing the company's focus close to areas such as imaging, game and mobile business.

Now by completely withdrawing its attention from the PC Division by selling it off, the company has finally taken a stern step in accordance to the same strategy drawn back in 2012.