Feeds

Sony seeks underwriter for Ericsson 'split'

It's not me, it's you

The essential guide to IT transformation

Sony is reportedly in talks to buy out Ericsson from the cooperative deal that led to the creation of Sony Ericsson in 2001, assuming the Japanese giant can get the cash together.

The report comes from Manager-Magazin.de (in German) and claims that Sony is talking to bankers about borrowing enough money to buy out Ericsson and take full control of the company.

The combined companies have produced some innovative handsets, with Ericsson providing the radio knowledge and Sony the consumer-electronics experience. But the last 12 months have not been good, and given the way radio technology has become commoditised, the necessity of having an expert like Ericsson involved is much reduced.

Sony has always been the more visible partner, controlling the Cybershot and Walkman brands, the former of which particularly still commands considerable respect thanks to the strong hold Sony has always exercised over devices bearing either moniker - often to the frustration of Sony Ericsson.

Ericsson's primary business is network infrastructure - that market is pretty flat at the moment but the company is still the world's largest manufacturer of network equipment, with handsets being something of a sideline.

Still, rumours of a split are almost as old as the cooperative deal itself, so it's not clear how much credence should be given to this latest report, even if it would appear a sensible move on the surface. ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
EE plonks 4G in UK Prime Minister's backyard
OK, his constituency. Brace yourself for EXTRA #selfies
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.