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Sony to Acquire Ericsson's Share of Sony Ericsson

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27 Oct 2011 08:13 Africa/Lagos Sony to Acquire Ericsson's Share of Sony Ericsson LONDON, October 27, 2011/PRNewswire/ -- - Sony Ericsson to become a wholly-owned subsidiary of Sony and integrated into Sony's broad platform of network-connected consumer electronics products - The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families - Ericsson to receive EUR 1.05 billion cash payment - Sony and Ericsson to create wireless connectivity initiative to drive connectivity across multiple platforms Sony Corporation ("Sony") and Telefonaktiebolaget LM Ericsson ("Ericsson") today announced that Sony will acquire Ericsson's 50 percent stake in Sony Ericsson Mobile Communications AB ("Sony Ericsson"), making the mobile handset business a wholly-owned subsidiary of Sony. The transaction gives Sony an opportunity to rapidly integrate smartphones in...

How Smartphones Are Changing How People Respond To Emergencies

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25 Aug 2011 15:37 Africa/Lagos How Smartphones Are Changing How People and Disaster Experts Respond To Emergencies allRisk says Smartphones Becoming a Necessity for Disasters PR Newswire SOMERDALE, N.J., Aug. 25, 2011 SOMERDALE, N.J., Aug. 25, 2011 /PRNewswire/ -- August has been a busy month for regional disaster experts, allRisk Inc. (www.teamallrisk.com). So far, a recent record-breaking rain led a New Jersey state university to hire the company to perform emergency water mitigation in areas where total repair estimates have reached $1.4 million. Cleanup from the massive flood needed to be completed within days, before students returned for fall classes. With Hurricane Irene upgraded in intensity, and on track to hit the area this weekend the company expects to be even busier. allRisk is in a "war room" mode, as they prepare to respond to what they anticipate to be a large volume of calls and texts for emergency help -- some from people wi...