Toshiba Fujitsu and Vaio considering PC units merger

There's some pretty interesting news in the notebook sector, Toshiba Corp and Fujitsu Ltd are considering a merger of their personal computer businesses,  the companies look to shed struggling units to overhaul their operations. Vaio (ex Sony) will be joining as well as Nikkei claims. 

The three firms will soon begin negotiating the specifics, a deal may be reached later this month and that would open the way to launch the combined firm in April 2016.The Japanese electronics firms are in the early stages of exploring a combination and it is unclear whether a deal will be reached, said the people, who declined to be named because the discussions remained confidential. Toshiba, seeking to raise capital after a $1.3 billion accounting scandal, has already agreed to sell its image sensor business and said it is considering splitting off part of its chip business. The nuclear-to-laptops conglomerate said in a statement on Friday it is considering various possibilities to improve its operations, including business reorganizations with other firms, but nothing had been decided yet.

Fujitsu, which announced in October that it intends to split off its PC division, said it is considering various options for the business.

The Nikkei business daily reported earlier that Toshiba, Fujitsu and unlisted Vaio Corp, which was spun off from Sony Corp last year, are considering a three-way merger of their PC businesses.

The merged company would have just over 30 percent of the Japanese market, overtaking the current top-ranked NEC Lenovo Japan Group, which controls 26.3 percent, the Nikkei said without citing any source for its information.

A Vaio spokeswoman dismissed the Nikkei report as speculation, adding that the company was not in talks with anyone about its PC operations.