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Alcatel posts 2013 loss, to sell enterprise unit
2014-02-06 10:06:32| Telecom - Topix.net
Telecom equipment maker Alcatel-Lucent posted a net loss of 1.3 billion euros last year hit by a writedown on its mobile business and restructuring costs, showing the uphill climb it faces in its long-awaited turnaround.
Sony to sell PC business to focus on phones - report
2014-02-05 08:53:00| Telecompaper Headlines
(Telecompaper) Sony is in talks to unload its PC business to investment fund Japan Industrial Partners, in order to focus more on smartphones, people familiar with the matter told the Nikkei. Under the plan, the fund will establish a new company to which Sony will sell its entire PC business. The sale price is estimated at JPY 40-50 billion (USD 391-489 million). The new entity would continue to sell PCs under the Vaio brand and also handle after-sales service. Sony will continue to hold a small stake in the new company, which will focus on the Japan market and withdraw from most other countries. Sony was the ninth-ranked PC maker in the world with a 1.9 percent share of all PCs shipped during the January-September period of 2013, according to IDC. Sony does not break down figures for the PC business, which is grouped in the same division as mobile phones, but it is thought to be losing money.
Tags: business
report
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Sony in talks to sell PC business
2014-02-05 01:00:00| Total Telecom industry news
Japanese electronics giant says it is exploring various options for the division.
Tags: business
sell
sony
talks
Total to sell stake in Angola offshore block for $750m
2014-02-04 01:00:00| Offshore Technology
Total is set to sell its 15% participating interest in the Angola offshore block 15/06 for $750m to Sonangol.
Rexam to sell healthcare packaging business to Montagu
2014-02-04 01:00:00| Packaging Gateway
Global drinks can manufacturer Rexam has agreed to sell its pharmaceutical devices and prescription retail packaging units to Montagu Private Equity for $805m.
Tags: business
sell
packaging
healthcare
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