- Sony Corporation is a multinational conglomerate corporation headquartered in tokyo.
- Revenue is $88.7 billion
- One of the leading manufacturers of electronics, video, communications, video game consoles, and information technology.
- Name came from sonus the greek goddess of sound.
- Masaru Ibuka is the co founder of sony then his friends joined him Akio Morita.
- Sony current boss is Howard stringer.
These are some products that sony has produced over the years.
Mergers, acquisitions, and joint ventures
1988 — Acquired CBS Records Group from CBS. It was renamed "Sony Music Entertainment".
1989 — Acquired Columbia Pictures Entertainment from the Coca-Cola Company for US$3.4 billion. It was subsequently renamed "Sony Pictures Entertainment" in 1991.
1993 — Acquired Psygnosis Limited a computer games company based in Liverpool, UK. Psygnosis director Ian Hetherington was made Managing Director of Sony Computer Entertainment Europe.[21]
1995 — Sony/ATV Music Publishing LLC, a 50:50 joint venture of Sony Corporation of America and Michael Jackson.
1997 — ST Liquid Crystal Display Corporation (STLCD), a 50:50 joint venture of Sony Corporation and Toyota Industries Corporation.
2001 — Sony Ericsson, a 50:50 joint venture of Sony Corporation and Ericsson AB, was established in October.
2002 — Aiwa Corporation in October.
2004 — S-LCD Corporation, a joint venture of Sony Corporation and Samsung Electronics Co. Ltd (Samsung Electronics: 50% plus 1 share, Sony: 50% minus 1 share) was established in April.
2004 — On 20 July 2004, the EU approved a 50-50 merger between Sony Music Entertainment and BMG. The new company was named Sony BMG Music Entertainment and, as of 2005, holds a 21.5% share in the global music market, behind worldwide leader Universal Music Group, which has a 25.5% share.
2005 — On 8 April 2005, The MGM Company (Metro-Goldwyn-Mayer and United Artists) was acquired by a Sony-led consortium (Providence Equity Partners 29%, Texas Pacific Group 21%, Sony 20%, Comcast 20%, DLJ Merchant Banking Partners 7% and Quadrangle Group 3%) finalised the deal to purchase the film studio for about $4.8 billion, including $2bn in debts from Armenian-American Kirk Kerkorian.
2006 — Sony NEC Optiarc Inc, a 55:45 (Sony 55%, NEC 45%) joint venture of Sony Corporation and NEC Corporation, was established in April.
2006 — Obtained an option to acquire half of Michael Jackson's 50% stake in Sony/ATV Music Publishing.
2006 — Acquired digital Single Lens Reflex (Digital SLR) cameras section from Konica Minolta including digital camera support and servicing.
2006 — Acquired Grouper Networks (now Crackle, Inc.), a Sausalito-based startup company that created a user generated video sharing platform and P2P technology for $65M.
2006 — Field Emission Technologies Inc., a carve-out of Sony's nano-Spindt FED technology. Established in December 2006 by Technology Carve-Out Investment LLP (62.2%) and Sony (37.8%).
2007 — Qreatic Design Inc, a 50:50 joint venture of Sony Corporation and Qimonda AG.
2007 — Moversa GmbH, a 50:50 joint venture of Sony Corporation and NXP Semiconductors.
2008 — Acquired Gracenote, Inc. for $260M.[22][23]
2008 — Acquired Bertelsmann AG's 50% stake in Sony BMG Music Entertainment[24][25]
GLOBALISATION
Sony is a global brand as it distributes its products all over the world ranging from USA, EUROPE and the orginated head quarters of JAPAN, tokoyo.
