European Commission approves Sony’s acquisition of Ericsson’s stake in SE

by XB on 27/01/2012

in News


SonyThe European Commission has approved Sony’s plan to take full ownership of the Sony Ericsson joint venture, after it bought Ericsson’s stake for €1.05 billion in October 2011. The transaction has always been subject to regulatory approval and this removes a major obstacle. It won’t be too much longer now before we see the first ‘Sony’ branded Xperia smartphone.

Thanks Dacha!

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