Sony has decided to buy out the rest of the Sony Ericsson merger for $1.475 billion.

Making Sony Ericsson a wholly owned subsidiary of Sony will allow for better product integration across Sony’s slate of offerings, and will also bolster its patent holdings with ownership of “five essential patent families,” says Ericsson. Sony Ericsson was formed in 2001 when Sony and Ericsson merged their “unprofitable” handset businesses so that they could make feature phones that were more attractive to consumers. The companies cite the Walkman phone and Cyber-shot phone as “well known examples” of their partnership.

With Sony Ericsson as a wholly owned subsidiary, Sony will be able to offer consumers “smartphones, laptops, tablets, and televisions that seamlessly connect with one another” to access content, according to a statement issued by Sony CEO Sir Howard Stringer. PlayStation Network and Sony Entertainment Network will figure here, Stringer says. Stringer also notes that the buyout will give Sony ownership of “strategic” IP relating to wireless handset technology.

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Sony has decided to buy out the rest of the Sony Ericsson merger for $1.475 billion. Making Sony Ericsson a wholly owned subsidiary of Sony will allow for better product integration across Sony’s slate of offerings, and will also bolster its patent holdings with ownership of “five essential patent families,” says Ericsson. Sony Ericsson was formed ...