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Sony Preparing To Take Fully Control Of Sony Ericsson


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The Wall Street Journal is reporting that Sony Corp., one of the parents companies of Sony Ericsson, is preparing to buy out Ericsson from the joint venture. Currently Sony Ericsson is the sixth largest mobile phone manufacturer in the world, but Sony are clearly unhappy with that position if they want to take over full control of the venture.

The report claims that Sony are looking to integrate the mobile phone division with its existing tablet, computer and hand-held gaming divisions. This would cut costs for the company as well as allow for better synergy between those different areas.

The deal to buy Ericsson out is apparently near completion according to the WSJ, but some obstacles remain. These include Ericsson’s mobile technology patents, which some estimates value at $1.7 billion. Even so the report is siding on the view that a deal will be reached.

WSJ

blog.se-nse.net
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