Sony buys out Ericsson for €1.05 Billion
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.
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Source: http://www.vg247.com/2011/10/27/ericsson-snapped-up-by-sony-for-e1-05-billion/
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