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Toshiba Exits PCs Sharp Owner Now In Control – channelnews – ChannelNews

Toshiba has sold its remaining stake in PCs to Sharp, after already selling 80.1% of its share to Sharp two years ago for $36 million. Sharp renamed this PC line to ‘Dynabook’ in early 2019. “On June 30, 2020, under the terms of the share purchase agreement, …

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Toshiba has sold its remaining stake in PCs to Sharp, after already selling 80.1% of its share to Sharp two years ago for $36 million. Sharp renamed this PC line to Dynabook in early 2019.
On June 30, 2020, under the terms of the share purchase agreement, Sharp exercised a call option for the remaining outstanding shares of Dynabook held by Toshiba, and Toshiba has completed procedures for their transfer, Toshiba said in a statement.
A decade ago Toshiba was one of the worlds main PC manufactu…

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