Please take a moment to review our new 5×5.wirelesswatch.jp website. Indeed, The ®evolution Continues. Yoroshiku!
Long rumored – now official – a new era begins for Sony w/o Ericsson ‘not just a name change but a game change’ http://bit.ly/rKKgOe
A logical evolution, as widely discussion across the interwebs – see Techno Yoda links below, one point we’ve not seen anywhere else would be the continued increase of Yen exchange value over the last few years making that $1Bn just a bit easier to swallow. [Eds]
Sony Corporation (â€œSonyâ€) and Telefonaktiebolaget LM Ericsson (â€œEricssonâ€) today announced that Sony will acquire Ericssonâ€™s 50 percent stake in Sony Ericsson Mobile Communications AB (â€œSony Ericssonâ€), making the mobile handset business a wholly-owned subsidiary of Sony.
The transaction gives Sony an opportunity to rapidly integrate smartphones into its broad array of network-connected consumer electronics devices â€“ including tablets, televisions and personal computers – for the benefit of consumers and the growth of its business. The transaction also provides Sony with a broad intellectual property (IP) cross-licensing agreement covering all products and services of Sony as well as ownership of five essential patent families relating to wireless handset technology.
As part of the transaction, Ericsson will receive a cash consideration of EUR 1.05 billion. The transaction, which has been approved by appropriate decision-making bodies of both companies, is expected to close in January 2012, subject to customary closing conditions, including regulatory approvals.
Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!