Friday, February 17, 2012

Sony finalized sale of half of Sony Ericsson

Today, Ericsson announced that it completed the sale of its stake in Sony Ericsson to Sony. The company said it earned in the transaction of SEK 7.5 billion, equivalent to 1.92 billion reais, but the amount paid in cash it was 1.05 billion euros, or 2.36 billion dollars . With the completion of the purchase, Sony plans to rename its newest business for Sony Mobile Communications.


The acquisition of another part of the joint venture also revealed a little of what the company plans for the future: they should not focus on phones that are less than smartphones. Also Sony has also stated that may include Vita OS as a system in certain devices, which further exposes what they have in mind: smart phones and nothing else. Ok, maybe tablets too.

Hopefully, then, the first product of Sony Mobile Communications. Most likely will be an Android device, given the history of the now deceased joint venture with the system. But will we see a new brand as well? They should keep the mystery until at least the Mobile World Congress, held at the end of the month.