Sony to acquire Ericsson share of SonyEricsson
Sony to acquire Ericsson share of SonyEricsson
27 October, 2011
Sony Ericsson
Sony is indeed taking full control of Sony Ericsson. With this acquisition Sony will not be just the sole owner, but will also take ownership of five wireless technology patent families.
Sony and Ericsson have also entered into a cross-licensing agreement for a broad intellectual property, but there is nothing more beyond that. Ericsson will receive €1.05 billion as part of the deal.
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