Toshiba, Vaio, Fujitsu said to be considering laptop PC merger

Toshiba, Fujitsu and Vaio are considering a merger of their laptop PC businesses, according to a Japanese media report.

The three companies will begin specific discussions on the merger later this month with the aim of launching the company on April 1, when the new Japanese financial year begins, according to a report in Friday's Nikkei financial newspaper.

Vaio was spun off from Sony in mid-2014 and will likely be the surviving entity, with Toshiba and Fujitsu merging their laptop businesses into the unit. Ownership will be roughly equal, The Nikkei said.

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