Thursday, October 27, 2011

Sony Ericsson - Ericsson = 1.05billion €

Atlast, the deal is finalized. For a long time, Sony has been eyeing at Ericsson's 50% stake in Sony Ericsson mobile devices brand. And today, Sony has finalized deal to acquire Ericsson's stake in SE for 1.05 billion €. The deal is already approved by Sony and Ericsson and should be official by January 2012, after which Ericsson will have no say in SE and will no longer be a partner. 

1 comment:

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