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Sony to sell all DeNA shares it owns to Nomura Securities

Sony Corp said on Monday that it would sell all the shares it owns in Japanese online game provider DeNA Co Ltd to Nomura Securities.

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ca.reuters.com
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jujubee881243d ago

Buy off the rest of the stock and become major share holder, Sony.

You would gain so much more respect in mobile if you have a company like Mobage.

:(

dcbronco1242d ago

And then you could compete with Gaikai.

majiebeast1242d ago

Well we saw what happend with Zynga better to sell high then low.

delboy1242d ago TrollingShow
plmkoh1242d ago

Weird move, DeNA (parent of Mobage) has seen significant rises in revenue and take-up in just the last year.

However it never really made any sense for Sony to have shares in them, since they have their own platforms and you'd be stumped to find anyone who actually associates Mobage with Sony, so hardly any real loss in goodwill brand worth.