Sony Pays Ericsson to Get Out of Mobile Partnership

October 27, 2011

According to a C&VG report, Sony has confirmed that it will pay around 900 million Euros (roughly $1.28 billion USD, according to current exchange rates) to Ericsson to get out of its decade-old joint mobile phone venture with the company. This will allow Sony to integrate its smartphone business with its gaming, tablet and PC businesses. In turn, Sony should be able to cut costs and synchronize its product development strategy.

Ericsson said that it will turn over ownership of "five essential patent families relating to wireless handset technology" as part of the deal.

"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 boss Howard Stringer

Source: C&VG

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PHX Corp: Good News Everyone, Glenn Beck Slams Xbox one on Possible privacy issues in general http://www.glennbeck.com/2013/05/22/want-to-be-digitally-connected-to-microsoft-all-the-time-get-the-new-x-box/05/25/2013 - 10:36pm
PHX Corp: @Sleaker, I agree that controller feedback tech is not an issue, I just wanted to put that article out there05/25/2013 - 10:36pm
Sleaker: @PHX Corp, I can't take a person seriously that is less frightened at the possibility of privacy issues, and more scared about controller feedback technology05/25/2013 - 11:35am
PHX Corp: http://www.unwinnable.com/2013/05/24/trigger-warning/ Trigger Warning05/25/2013 - 6:37am
beemoh: Unless that pic of a Kinect taped to the underside of a phone is a joke05/25/2013 - 1:58am
beemoh: Kinect being used in prototype to stop people walking into people while texting: http://www.bbc.co.uk/news/health-2263173105/25/2013 - 1:57am
Cecil475: @hellfire7885 - Makes me want to support Nintendo even more.05/24/2013 - 4:49pm
hellfire7885: Man, EA seems to be determined to destroy the Wii U ,and the evidently are so arrogant as to believe not making games for it will do that.05/24/2013 - 4:45pm
DorthLous: Pwahahahha http://www.destructoid.com/wii-u-sales-drastically-spike-after-xbox-one-presentation-254449.phtml#LlG8HEYbQj2krql5.0105/24/2013 - 2:23pm
james_fudge: she gets no credit until she employs some common sense. - 2 credits for her.05/24/2013 - 11:22am
Andrew Eisen: To Stender's credit, she did unmoderate my most recent comment within a day's time. There's even a couple other replies. None from her though.05/24/2013 - 11:18am
james_fudge: apparently gamers are all 14 - 21 years-olds living in basements according to her way of thinking...05/24/2013 - 11:11am
ZippyDSMlee: EZK: 0_o thier video card chipset is at the very least 3 versions behind the top PC video card.......05/24/2013 - 7:38am
MechaTama31: "You just wouldn't understand how my parenting preferences are more important than everybody else's freedoms."05/24/2013 - 7:37am
DorthLous: I love how she plays the "I'm a parent, you're a gamer, you couldn't understand" card... I'm a parent and I find her position despicable...05/23/2013 - 4:16pm
E. Zachary Knight: She didn't address your questions because she doesn't have any answers.05/23/2013 - 3:38pm
Andrew Eisen: I replied to her comment. Maybe in a few weeks I'll get a reply.05/23/2013 - 3:24pm
Thomas Riordan: @Andrew Eisen To what bowling alley does she go that puts sexual images in the faces of 6 year olds?05/23/2013 - 3:17pm
Andrew Eisen: Well, it took a month but Linda Stender finally replied to me... and didn't address a single one of my questions. http://aswlindastender.com/2013/04/23/follow-up-video-games-and-their-effect-on-children/05/23/2013 - 3:13pm
Imautobot: Also, from a tech perspective the PS4 is apparently already winning. http://bgr.com/2013/05/22/xbox-one-vs-playstation-4-specs/05/23/2013 - 3:12pm
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