Sony Buys Ericsson Out For $1.47 Billion

    0
    92

    First time accepted submitter Diggester writes with this snippet from PC World: “Sony took a page out of the playbooks of Microsoft and Apple, announcing it would buy out its smartphone partner, Ericsson, to more tightly integrate smartphones with Sony’s laptops, tablets and televisions. The move gives Sony complete control over its smartphone business, while Ericsson will now focus more broadly on wireless connectivity for products beyond mobile handsets. Sony purchased Ericsson’s share of the Sony Ericsson partnership for about $1.47 billion. Rumors about Sony’s takeover of Sony Ericsson surfaced in early October.”

    Read more of this story at Slashdot.

    See original article:
    Sony Buys Ericsson Out For $1.47 Billion

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.