Back in October of last year Sony decided that it would buy Ericsson’s part in the joint venture of Sony Ericsson, and that has just been approved by the European Commission. This means an end to phones with Sony Ericsson branding, and the start of just Sony Xperia phones. The acquisition is costing Sony a cool €1.05 billion, and they will have full… Read more
Google has been seeking expansion the social and local information spaces lately, partially via numerous failed attempts at acquiring businesses that have already carved a nice market niche out for themselves. Had recent talks with the highly profitable Groupon panned out–with an offer price of $6bn plus incentives for current executives–an acquisition… Read more
Effective January 4th 2011, Motorola will be detached from its mobile and set-top box division, which will become Motorola Mobility, stock symbol MMI. The parent company will be known as Motorola Solutions, stock symbol MMS. The press release from two days ago is below. This split is primarily of concern to stock holders, though Mobility has already… Read more
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