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Sony Completes Buyout of Ericsson, Launches Sony Mobile

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Feb 16, 2012, 8:22 AM   by Eric M. Zeman

Sony announced that it has finalized the acquisition of Ericsson's shares of the two companies' joint venture, Sony Ericsson. Sony Ericsson is now a wholly-owned subsidiary of Sony Corp. and has been renamed to Sony Mobile Communications. Sony said that it will work to integrate Sony Mobile and its handsets across Sony's line of consumer electronics.

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Feb 16, 2012, 3:14 PM

They did it without the US DOJ approval?

What's going on here? The Google-Motorola merger had to be approved by a bunch of foreign countries but I haven't read any such interference about this buyout.
They didn't buy all of Ericsson, they only bought out Ericsson's stake in their own joint venture.
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