∞ Report: Sony close to buying out Ericsson


As PlayStation maker Sony moves further into the world of connected devices, it may be finding its longstanding joint venture with mobile device maker Ericsson prohibitive to its operations.That is why, according to the Wall Street Journal, sources say that that the company may soon wrest full control over the 50-50 joint venture created over a decade ago.

A buyout wouldn’t be cheap for Sony, but it might help the company as it seeks to further bolster its Android-based offerings going forward.