Feeds

Official: Sony and Ericsson are divorced

Sony smartphone biz trumpeted as ink dries on break-up deal

Providing a secure and efficient Helpdesk

The divorce papers have been officially signed for Sony Ericsson, giving Japanese entertainment biz Sony its very own phone-making unit and Swedish company Ericsson some lovely cash.

Sony announced that the transaction was a done deal today and said that it was renaming the business to Sony Mobile Communications.

The speculation that Sony plans to bring bits of PlayStation into mobiles and tablets, and bits of smartphones into its TVs and PCs, and generally make them all a total Sony experience is borne out by the tech firm's statement:

Sony will rename Sony Ericsson “Sony Mobile Communications”, and further integrate the mobile phone business as a vital element of its electronics business, with the aim of accelerating convergence between Sony’s lineup of network enabled consumer electronics products, including smart phones, tablets, TVs and PCs.

While Sony got the kid, Ericsson got the cash in the break-up of their long-running joint venture, bagging 7.5 billion Swedish krona ($1.1bn, £707m) and a "broad IP cross-licensing agreement".

The Swedes didn't have much to say today about the end of the venture, but when Ericsson first announced the deal it said that it wanted to "focus on the global wireless market as a whole".

"We will now enhance our focus on enabling connectivity for all devices, using our R&D and industry leading patent portfolio to realise a truly connected world," Hans Vestberg, president and CEO, said at the time.

Sony Ericsson had been in trouble for some time as its later generations of smartphones failed to make a dent in the super-soaraway popularity of iPhones and Android. The pundits' preferred remedy to revive the mobile line-up involved melding PlayStation fun into the mobes, something Sony was unlikely to do while Ericsson was still on board. ®

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.