Sony buys out Ericsson from phone joint venture for $1.5bn

By Leeky · 4 replies
Oct 27, 2011
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  1. Sony has agreed to buy Ericsson's 50 percent share in their Sony Ericsson mobile phone joint venture for $1.5 billion, making the mobile handset business a wholly owned subsidiary of Sony.…

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  2. treeski

    treeski TS Evangelist Posts: 990   +233

    Bummer :( Even thought it would never happen, I honestly hoped Ericsson would split from Sony.
  3. mctommy

    mctommy TS Addict Posts: 217   +38

    I had one phone from Sony Ericsson and it was utter crap. I used to own a phone from Ericsson before the venture and it was crap too. I don't think I'll ever go back to their phones... and this is coming from someone who likes his Sony LCD/LED TVs.
  4. Now their phones will suck even more...
  5. "it's the beginning of something which I think is quite magical."

    so when they somehow achieve this "interconnectivity", what'll be magical is the massive security breaches LOL jk jk..Hans Vestberg set it up so well :p

    On a more realistic note, this may be a good thing for Sony, get "fresh blood" into the company and hopefully they'll learn from each other and their past mistakes.

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