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Sony Plans to buy out Ericsson’s part from Sony Ericsson, Move up in the Cell phone world

Sony has decided to take some action about its current global standing in the top cellphone vendors list. Currently at 6th place , Sony has decided to finalize the deal between Sony and Ericsson that will give total control of the mobility division to sony and hence all future devices will be known as “Sony Mobiles” and not “Sony Ericsson”. Ericsson currently roughly $1.3 to $1.7 billion worth of mobile technology patents are the main reason for the partnership  buyout.

 

[Wall Street Journal]