Sony Officially Buys Out Ericsson, Creates Sony Mobile Communications
Sony has announced that the transaction to acquire Ericsson’s 50% ownership in the company’s mobile division “Sony Ericsson” is now completed. The deal was made back in the fall of last year, but until now hadn’t been finalized.
Now that everything has gone through, the mobile division belongs to Sony entirely and will be appropriately renamed “Sony Mobile Communications.” With the recent purchase, Sony alluded to plans for further integration between all of its electronics devices:
Sony will rename Sony Ericsson “Sony Mobile Communications”, and further integrate the mobile phone business as a vital element of its electronics business, with the aim of accelerating convergence between Sony’s lineup of network enabled consumer electronics products, including smart phones, tablets, TVs and PCs.
The potential for what Sony could do with the PlayStation platform is incredibly exciting and could lead to better use of the neglected PlayStation Suite platform.