Soon after Valentine’s Day, one of the most famous couples in the tech industry, Sony and Ericsson have finally parted ways. The company will now be renamed to Sony Mobile Communications.
Sweden-based Ericsson had come together with the Japanese company Sony in 2001. The partnership went well until 2009, when the joint venture posted a yearly loss of over 800 million euros. After that, it was a bumpy ride for the company. In October 2011, Sony had announced that it will buy out Ericsson’s stake. Reportedly, Sony paid around EUR 1.05 billion for complete ownership of the mobile business.
With the new name and some promising dual-core Android devices just around the corner, let’s hope that Sony Mobile Communications will make a strong comeback.