Microsoft sells Mediaroom, Xbox to be their TV strategy going forward

[DirtyP2002]

sales2099 said:

Akvod said:

sales2099 said:

DirtyP2002 said:

sales2099 said:

Sooo Sony gave the Xbox division more money? Sony owns Ericcson right?

No!

 

Ericsson is a European company that happened to have a joint-venture with Sony.
Sony bought Ericssons 50% of that joint-venture.

Ericsson is a swedish company. And a pretty big one. Ericsson is worth 40 billion USD.Sony is at 17 billion USD.

I dont get it, you just told me that Sony and Ericsson held 50% a piece. You say Sony bought theirs, effectively having 100% now. How is that not full ownership?

http://en.wikipedia.org/wiki/Subsidiary

Ah. So I guess my next question, does Ericssons quarterly statements impact Sonys in any way?

2 seperate companies.

No, they don't influence each other. They just had this joint-venture together, which was an unqiue 3rd company named "Sony Ericsson". This 3rd unique company was bought by Sony.

Ericsson is the bigger company here.