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Sony Drops Ericsson, Picks Up ‘Mobile’ [Headlines]

Innovation

Global mobile phone manufacturer has decided to split into two separate companies.

Sam McNerney

More than half of America’s married couples will tell you, breaking up is hard. Hard and expensive. After living in denial, dodging rumors and eventually coming to terms with the inevitable, Sony has finally taken over Telefonaktiebolaget LM Ericsson’s 50-percent stake in the pair’s former joint venture, a move that was earlier reported to have cost €1.05 billion ($1.37 billion) to complete. Engadget

Image credit via Engadget

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