70°

Sony to acquire Ericsson's share of Sony Ericsson

The Swedish telecom company Ericsson said Thursday that they will sell their 50-per cent stake in mobile phone joint venture Sony Ericsson to Sony for 1.05 billion euros (US$1.47 billion). Rumors of this acquisition have been around for some time already.

“Sony will acquire Ericsson’s 50 per cent stake in Sony Ericsson… making the mobile handset business a wholly-owned subsidiary of Sony,” Ericsson said in a statement.

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ericsson.com
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Community4556d ago
-Mezzo-4555d ago

I think they already have completely acquired Ericsson.

fatstarr4552d ago

Never fully paid attention to this company. its not like they are on the radar with anything

80°

How to preorder Sony's PSVR 2 before scalpers get them all

Sony's preorder routine is slightly different this time around.

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knowtechie.com
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Community449d ago
80°

CES 2023 cars recap: BMW i Vision, Afeela, Ram 1500 Revolution and more

With BMW, Sony Honda and Ram revealing EV plans, cars dominated CES 2023

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theshortcut.com
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Community463d ago
60°

Sony has sold out around 25 million PlayStation 5 consoles

According to a recent statement by Sony, it has sold out around 25 million PlayStation 5 consoles.

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cruzingspeed.com
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Community533d ago