Sony buys Sony Ericsson o_O

Ankita Katdare

Ankita Katdare

@abrakadabra Oct 25, 2024
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.

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