Ericsson and Sony Sony Ericson finally divided the

Ericsson will officially informed that from today, a procedure to pass a joint venture Sony Ericsson, Sony possession is complete. The company Telefonaktiebolaget LM Ericsson has received 100% payment in the amount of 1.05 billion euros for its stake in the venture Sony Ericsson Mobile Communications AB, including an agreement on cross-licensing. From this moment there is no legal brand Sony Ericsson - new projects, whose development started in the joint venture products will be released as Sony Mobile Communications, and have a single brand of Sony. Profits from the sale of its stake Ericsson shows for the quarter April 25 this year. The fact that Sony Ericsson will cease to exist has been known to October 27, 2011, when Sony and Ericsson today announced the latest share repurchase Swedes for one billion euros. Money transfer was completed February 15, 2012, and previously received consent for the acquisition of shares and the creation of Ericsson Sony Mobile Communications.