Ericsson

Sony buys out Ericsson in Sony Ericsson joint venture for US$1.47 billion

Sony

Sony Ericsson will become a wholly-owned subsidiary of Sony after Ericsson agreed to sell its stake in the joint venture for US$1.47 billion (€1.05 billion). “This acquisition makes sense for Sony and Ericsson, and it will make the difference for consumers, who want to connect with content wherever they are, whenever they want. With a vibrant smartphone business and by […]