No more laptops for Toshiba: Dynabook is from Sharp

No more laptops for Toshiba: Dynabook is from Sharp
Toshiba's business in the laptop market has officially come to an end: the remaining share of the business linked to the Dynabook brand has passed into the hands of Sharp. The deal was finalized in June, but the announcement is only now coming.

Toshiba Corporation announces it has transferred 19.9% ​​of Dynabook's shares to Sharp Corporation. As a result of this maneuver, Dynabook has become a wholly owned subsidiary of Sharp.

Toshiba has sold 100% of Dynabook to Sharp

Thus ends an adventure that began in 1985 when Toshiba brought its first laptop to market, the T1100 model (pictured below) with internal rechargeable battery, 3.5-inch floppy disk drive and RAM up to 512 kB. The selling price was then set at around $ 2,000.

Between the 90s and the beginning of the next millennium, the brand played a leading role in the PC market. Things have not gone so well over the last decade, going from 17.7 million units distributed globally in 2011 to 1.4 million in 2017. Below is the rest of the release in translated form summarizing the main phases of the passage.

Under the terms of a June 2018 share purchase agreement signed by Toshiba and Sharp, Toshiba transferred 80.1% of the shares of Toshiba Client Solutions, then an interanent subsidiary, to Sharp controlled by Toshiba active in the business of personal computers. The transfer concluded in October 2018 and TCS was renamed to Dynabook in January 2019. On June 30, 2020, as per the terms of the agreement, Sharp exercised an option for the remaining shares of Dynabook owned by Toshiba and Toshiba has completed the procedures for their transfer.

In the image above instead Satellite Pro C50 , one of the new entry in the catalog Dynabook. The other handsets announced recently are those of the series Portégé X , Tecra A30-G , Tecra A40-G and the Satellite Pro L50-G .

Source: Toshiba

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