Technology-Headlines

by George Heymann

Sony to acquire all of Sony Ericsson

by Mai Tao

Technology Market

Sony and Ericsson have announced that Sony will acquire Ericsson’s 50 percent stake in Sony Ericsson, making the mobile handset business a wholly-owned subsidiary of Sony.

The transaction gives Sony an opportunity to rapidly integrate smartphones into its broad array of network-connected consumer electronics devices – including tablets, televisions and personal computers – for the benefit of consumers and the growth of its business.

The transaction also provides Sony with a broad intellectual property (IP) cross-licensing agreement covering all products and services of Sony as well as ownership of five essential patent families relating to wireless handset technology.

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IBM celebrates its 100th anniversary

by John Roberts

Technology Market

IBM today is marking the 100th anniversary of its founding on June 16, 1911. To celebrate the milestone, the company is releasing a book, “Making the World Work Better: The Ideas That Shaped a Century and a Company,” debuting a new film, “Wild Ducks,” and ringing the Opening Bell at the New York Stock Exchange.

During its first century, IBM has played a leading role in transforming business, science and society. The company’s history can be seen as a succession of key milestones – from investing in a research lab in the depths of the Great Depression, to developing the first hard disk drive that created the data storage industry, to working with the U.S. government to develop the Social Security System.

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