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February 16, 2012 03:19 am EDT

Sony finalizes divorce with Ericsson, renames itself Sony Mobile Communications

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. The now fully Sony owned Sony Ericsson will be renamed Sony Mobile Communications, though a few of the outfit's already announced children are keeping their papa's name. Hit the break for Sony's small press release.

Continue reading Sony finalizes divorce with Ericsson, renames itself Sony Mobile Communications

Sony finalizes divorce with Ericsson, renames itself Sony Mobile Communications originally appeared on Engadget on Wed, 15 Feb 2012 22:19:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2012/02/15/sony-finalizes-divorce-with-ericsson-renames-itself-sony-mobile/

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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