VAIO Corporation (バイオ株式会社, Baio Kabushiki Kaisha) (/ˈvaɪ. oʊ/ standing for Visual Audio Intelligent Organizer), which is headquartered in Azumino, Nagano in Japan, is a manufacturer that makes personal computers and smartphones. VAIO was originally a brand of Sony, introduced in 1996. Sony sold its PC business to the investment firm Japan Industrial Partners in February 2014 as part of a restructuring effort to focus on mobile devices. Sony maintains a minority stake in the new, independent company, which currently sells computers in the United States, Japan, and Brazil as well as an exclusive marketing agreement. Sony still holds the copyright trademarks for the VAIO brand and logo. Currently in the US, VAIO products are sold by Trans Cosmos America, Inc.