European Commission approves Sony’s acquisition of Ericsson’s stake in SE

The European Commission has approved Sony’s plan to take full ownership of the Sony Ericsson joint venture, after it bought Ericsson’s stake for €1.05 billion in October 2011. The transaction has always been subject to regulatory approval and this removes a major obstacle. It won’t be too much longer now before we see the first ‘Sony’ branded Xperia smartphone.

Thanks Dacha!

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