VAIO is acquired by Nojima for 11.2 billion yen.
A share transfer agreement was signed on Monday, November 11, 2024, for the Nojima Group, a major electronics retailer, to acquire approximately 93% of VAIO Corporation's shares. As a result of this agreement, VAIO will become a Nojima group company.
Notice Regarding VAIO Corporation Shareholders
Notice regarding the Acquisition of Shares of VAIO Corporation and Three VJ Holdings Corporations Holding VAIO Shares (Making Them Subsidiaries)
(PDF file) https://www.nojima.co.jp/wp-content/uploads/2024/11/35549697c26bb8e83b7cf40482ac914d.pdf
VAIO started as Sony's PC brand and has released a number of innovative products, including the VAIO type P , a small, pocket-sized notebook PC, and the VAIO type U [zero spindle] model , which uses flash memory as its main storage.
A thorough photo review of Sony's ultra-thin, lightweight, high-resolution mini-notebook 'VAIO type P' - GIGAZINE
VAIO was transferred from Sony to Japan Industrial Partners in 2014, and VAIO Corporation has continued to design and sell PCs. At the time of writing, the company has a lineup of several models, including the 12-inch ' VAIO SX12 ' and the ' VAIO Z ' with a carbon body.
'VAIO SX12' review, packed with high-speed SSD and large-capacity battery in a small and lightweight body weighing less than 900g - GIGAZINE
According to announcements by VAIO and Nojima, Nojima has signed a share transfer agreement to acquire shares in VAIO Corporation and VJ Holdings 3 Corporation, which holds VAIO shares, from Japan Industrial Partners' fund 'Japan Industrial No. 4 Investment Limited Partnership' and other parties, and to acquire shares equivalent to approximately 93% of VAIO's issued shares. The acquisition price is said to be 11.2 billion yen.
The share transfer is scheduled to take effect on January 6, 2025. After the share transfer, VAIO's company name, representative director, executive team, business operations policy, customer relationships, and brand trademarks will remain unchanged.
VAIO commented, 'Since taking over the PC business from Sony Corporation and becoming independent in 2014, we have continued to grow by delivering a wide range of high-performance, high-quality products to our customers from our headquarters and factory in Azumino, Nagano Prefecture. With the support of Nojima, we will strive to meet the expectations of our customers, partners and vendors more than ever before.'
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