Post Last Edit by cmf_rambutan at 27-10-2011 19:35
Sony Nears Deal to Buy Out Ericsson From Joint Venture
By DAISUKE WAKABAYASHI TOKYO桰n a sign of the central role smartphones will play in its future consumer-electronics strategy, Sony Corp. is nearing a deal to buy out Telefon AB L.M. Ericsson's stake in their mobile-phone joint venture, people familiar with the matter said. Bloomberg News TT DoCoMo Xperia smartphones, made by Sony Ericsson
By wresting full control of Sony Ericsson, a 50-50 joint venture created in 2001 that is the world's sixth-largest cellphone manufacturer, Sony aims to integrate its smartphone operation with its businesses in tablets, hand-held game machines, and personal computers to save on costs and better synchronize development of mobile devices, the people said. The joint venture's two parent companies have held regular discussions over the years about Sony Ericsson's ownership structure, the people said, but Sony is pushing for a deal as competitors such as Apple Inc. and Samsung Electronics Co. forge ahead with closely coupled strategies for smartphones and tablet computers.
One of the people said the talks are ongoing and could break apart at any time. A Sony spokesman declined to comment. Stockholm-based Ericsson and Sony Ericsson also declined to comment.
The amount Sony would pay Ericsson remained unclear because of the complexity of a possible transaction that could involve Ericsson's mobile-technology patent portfolio. But analysts estimated that Ericsson's stake in the venture could be valued between | 
Post time 7-10-2011 08:46 AM
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