Sony is now the owner of a broad IP cross-licensing agreement and ownership of five essential patent families, ending a 10-year mobile-phone joint venture with Ericsson, buying out its business partner’s 50 percent stake for 1.05 billion euros, or about $1.47 billion. The deal is not going to be a plus point to Sony but we may be looking at new improvements on Sony smartphones or may be a new Sony mobile logo.
[box_dark]Of this aspect of the partnership, Sony said, “The transaction also provides Sony with a broad intellectual property (IP) cross-licensing agreement covering all products and services of Sony as well as ownership of five essential patent families relating to wireless handset technology.”[/box_dark]
[box_dark]”We can more rapidly and more widely offer consumers smartphones, laptops, tablets and televisions that seamlessly connect with one another and open up new worlds of online entertainment,” Chief Executive Howard Stringer said.[/box_dark]