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Sony Is This Close to Paying $1 Billion for Full Control of Sony Ericsson

Illustration for article titled Sony Is emThis Close/em to Paying $1 Billion for Full Control of Sony Ericsson

Sony sure had itself a day the other day, and rumor has it the tech giant may soon have itself all of the Sony Ericsson joint venture as well.

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This according to a rumor reported by industry gaming pub Gamasutra, which reports Sony is oh so close to a $1 billion takeover of the mobile phone partnership that it currently shares a 50/50 deal with devices like the Xperia Play. That device, if you'll recall, bears the PlayStation brand and was 100% marketed to the masses as a game-playing device that happened to make phone calls.

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But where would the acquired Sony Ericsson assets go? Again, according to rumor, the bits and pieces would be folded into Sony's PC and gaming wing as part of a streamlining maneuver to save cash and improve operations.

Sony Ericsson Xperia Play owners or otherwise, does this sit well with you? [Gamasutra]

You can keep up with Jack Loftus, the author of this post, on Twitter and Facebook.

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DISCUSSION

This would totally be a good thing. I never understood the need for the partnership in the first place. I felt it always should have been an acquisition.