TechTaffy

tech:

taffy

Sony Completes Sony Ericsson Acquisition To Form Sony Mobile Communications

By TechTaffy Desk

[Techtaffy Newsdesk]

Sony’s transaction to acquire Telefonaktiebolaget LM Ericsson’s (Ericsson) 50% stake in Sony Ericsson Mobile Communications AB (Sony Ericsson) has been completed. This marks the completion of the transaction jointly announced by Sony and Ericsson on October 27, 2011, and makes Sony Ericsson a wholly-owned subsidiary of Sony.

Sony will rename Sony Ericsson “Sony Mobile Communications”, and further integrate the mobile phone business with its electronics business.

 

Company Overview

  • New company name: Sony Mobile Communications AB
  • Date of name change: February 2012 (planned)
  • Representative: Bert Nordberg, President and CEO
  • Corporate Headquarters: London, UK
  • R&D sites:Beijing, Lund, Silicon Valley and Tokyo
  • Headcount: Approximately 8,000 (as of February 1, 2012)
  • Principal business: Design, development, manufacture and sale of mobile phone products
  • Stated capital: EUR 100 million

 

 

 

 

Just in

Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 
Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.