If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Sony to buy out Ericsson - report

$1.3 to $1.7 billion buyout mooted.

Sony is rumoured to be preparing to buy out Ericsson from its joint mobile venture.

The Wall Street Journal has heard Sony's interest could see the PlayStation manufacturer shell out between $1.3 and $1.7 billion in the buyout.

If the deal goes through, Sony will try to integrate its smartphone operation with its PlayStation Portable, Vita, PC and tablet businesses.

It would also give Sony complete control over the Sony Ericsson Xperia Play, the first PlayStation certified smartphone.

The Wall Street Journal's sources said Ericsson had been attempting a PlayStation phone "for years," while Sony executives "dragged their heels" over letting the division handle its valuable gaming brand.

You're not signed in!

Create your ReedPop ID & unlock community features and much, much more!

Create account
About the Author
Wesley Yin-Poole avatar

Wesley Yin-Poole

Deputy Editorial Director

Wesley is deputy editorial director of ReedPop. He likes news, interviews, and more news. He also likes Street Fighter more than anyone can get him to shut up about it.

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Explore our store
Eurogamer.net Merch