Tanzania: Sony Acquires Ericsson's Share At Euro 1 Billion

Tokyo — Sony Corporation has acquired Ericsson's 50 per cent stake in Sony Ericsson Mobile Communications AB, making the mobile handset business a wholly-owned subsidiary of the corporation.

The transaction gives Sony an opportunity to rapidly integrate smartphones into its broad array of network-connected consumer electronics devices - including tablets, televisions and personal computers for the benefit of consumers and the growth of its business.

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