Sections

Ericsson snapped up by Sony for €1.05 billion

Thursday, 27th October 2011 10:52 GMT By Stace Harman

Sony has bought out Ericsson’s remaining 50 percent share in the previously joint venture, giving it full control of the company and of the PlayStation certified Xperia Play handset.

After was rumoured earlier in the month, Sony has swooped to take outright control of mobile handset manufacturer Sony Ericsson in a deal worth €1.05 billion / $1.45 billion.

“We can more rapidly and more widely offer consumers smartphones, laptops, tablets and televisions that seamlessly connect with one another and open up new worlds of online entertainment,” said Sony CEO Sir Howard Stringer.

Thanks, Eurogamer.

Latest

6 Comments

  1. 2plus2equals5

    Interesting, i can’t wait to see the real playstation phone.

    I’m playing a lot with the amiga emulator for android on my x10 mini pro(but the keyboard support doesn’t work :( ) and i can say that handelds are DOOMED!
    Lol, i’m joking, but playing amiga games on my cell, even with a single touch screen, is too awesome, i would pay an insane amount of money(ok i’m exaggerating a little bit) for a proper amiga collection for psp or vita.

    #1 3 years ago
  2. Nozz

    Just for title clarification, Sony bought out Ericsson’s side of the Sony Ericsson partnership. Ericsson are still around and do many other things not mobile phone related.

    This is good news for Sony as they can fully focus on the Playstation Branding/Suite without their partner company holding them back. I fully expect to see an Xperia Play successor in the near future (it could also explain the large price drop recently).

    #2 3 years ago
  3. Christopher Jack

    This could be the lead to the biggest push in Sony’s Entertainment Network. The latest batch of Xperia phones were well designed just too late to the market & the specs simply didn’t match it’s competitors for the same price.

    #3 3 years ago
  4. Kabby

    They just can’t let MS move ahead with their Xbox/WinPho malarky without being in a position to counter it. This was the easiest way to do that.

    Whether the whole phone/console tie in is actually of any value is another discussion.

    #4 3 years ago
  5. typeface

    This is actually good for a most positive brand cohesion for them. The Ericsson stake was preventing Sony from investing their PS brand into it and it’s obvious from the products that the two halves wanted different things from the smartphone era.

    I wouldn’t be too surprised if we saw them becoming better players in the android market since Samsung is slowly getting wooed by winphones. There’s good possibilities for PS Suites and an actual VitaPhone now, probably a more successful version of the Go formfactor.

    #5 3 years ago
  6. Psychotext

    I do hope they come up with some decent phones. I used to like my SE phones but they haven’t made anything decent in ages.

    #6 3 years ago

Comments are now closed on this article.