Sony to Buy Ericsson Out of Joint Venture for $1.47B
Sony today announced that it is going to purchase Ericsson's share of the two companies' Sony Ericsson cell phone joint venture for $1.47 billion. Once the purchase is complete, Sony Ericsson will become a wholly-owned subsidiary of Sony, which intends to integrate the handset division into its other consumer electronics products. As part of the deal, Sony gains five essential patent families related to wireless technology, and also struck a cross-licensing agreement with Ericsson concerning other, non-essential patents. The transaction has been approved by the boards of both companies, and is expected to close in January 2012, pending regulatory review. The joint venture originally launched in October 2001.
Review: Sony Xperia XZ1
The Sony Xperia XZ1 is one of the first smartphones to run Android 8 Oreo. It packs the latest processor and camera technology into Sony's age-old, metal-and-glass chassis.
ITC to Investigate Ericsson's Patent Claims Against Apple
The U.S. International Trade Commission agreed to examine Ericsson's claims that Apple is violating its wireless patents.
Apple and Ericsson Argue Over LTE Patents
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Apple and Ericsson Sign Patent Accord, Settle Lawsuits
Apple and Ericsson have signed a patent-licensing agreement and put an end to on-going patent litigation between the two. Ericsson said the deal is broad and covers 2G, 3G, and 4G LTE technologies.