A month ago we ran a well-circulated rumor that Sony was selling the Cell biz. Today the company formally announced it had struck a deal. Once the $1 billion+ deal is finalized, production facilities would belong to Toshiba, but the result will be a joint venture for producing serious semiconductors, presumably so Sony doesn’t have to give up all of its Cell-chip bragging rights. [AFP/Yahoo; Kotaku]
https://gizmodo.com/is-sony-in-negotiations-to-sell-cell-manufacturing-plan-300666