Sony to acquire Ericsson's share of Sony-Ericsson

Oct 27, 2011 (Updated Oct 27, 2011) Cellpex, United States, Ohio - admin


Sony Ericsson to become a wholly-owned subsidiary of Sony and integrated into Sony’s broad platform of network-connected consumer electronics products
The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families
Ericsson to receive EUR 1.05 billion cash payment
Sony and Ericsson to create wireless connectivity initiative to drive connectivity across multiple platforms

Sony Ericsson global communications and PR

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