Ankita
Member • Oct 26, 2011
Sony buys Sony Ericsson o_O
In news today, Sony has bought Sony Ericsson from Swedish telecoms equipment maker Ericsson to now have gained full access over Sony Ericsson.
Sony will buy 50% of the firm for 1.1bn euros ($1.5bn; £964m), making the mobile handset business a wholly-owned subsidiary of Sony. Ericsson said that the "synergies" between telecoms equipment and mobile phones were decreasing.
Sony will buy 50% of the firm for 1.1bn euros ($1.5bn; £964m), making the mobile handset business a wholly-owned subsidiary of Sony. Ericsson said that the "synergies" between telecoms equipment and mobile phones were decreasing.