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Aug 20, 2008 8:10 AM
Ericsson (NSDQ: ERIC) and French-Italian chipmaker STMicroelectronics announced Wednesday that they were merging their wireless chip and software businesses to create a joint venture that will end up supplying four of the big five handset makers, reports Reuters. The new company, which builds on STMicro’s acquisition of the wireless unit…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Qualcomm, Sony, Sony Ericsson, stmicroelectronics
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