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ST-Ericsson announced the signature of a definitive agreement to sell the assets and intellectual property rights associated with its mobile connectivity GNSS business to a leading semiconductor company.
The 50/50 joint venture that united the wireless semiconductor division of STMicroelectronics and the mobile platform division of Ericsson will move forward as ST-Ericsson . This announcement follows the recent closing of the agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless. As a result, ST-Ericsson takes center-stage as...
