Sony Buying Out Ericsson from Sony Ericsson for 1.46 Billion USD

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STOCKHOLM, Sweden, Oct 27, 2011 (Thomson Reuters ONE via COMTEX) -- - Sony Ericsson to become a wholly-owned subsidiary of Sony and integrated into Sony's broad platform of network-connected consumer electronics products

- The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families

- Ericsson to receive EUR 1.05 billion cash payment

- Sony and Ericsson to create wireless connectivity initiative to drive connectivity across multiple platforms LINK

I wonder if they will make a Vita Phone now, that would be interesting.