CVG

Sony is to buy Ericsson out of the companies' decade-old joint mobile phone venture.

As previously rumoured, the deal will enable Sony to integrate its smartphone business with its gaming, tablet and PC units to cut costs and better synchronise its product 

development strategy.

Ericsson also said it gives Sony ownership of "five essential patent families relating to wireless handset technology".

"We can more rapidly and more widely offer consumers smartphones, laptops, tablets and televisions that seamlessly connect with one another and open up new worlds of online entertainment," said Sony boss Howard Stringer.

http://www.computerandvideogames.com/324036/sony-buys-ericsson-out-of-mobile-partnership/

This sounds pretty interesting...

interesting indeed

Really makes you think, doesn't it?

This division was hurting Sony a lot, let's hope they now have good, clear ideas of where to take it and bring profits back.