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Sony to Sell Its Battery Business to Murata for $166.8 Million

Sony will sell its battery business to Murata for 17.5 billion yen ($166.8 million) in a deal that’s expected to close by April, Sony said in a Monday announcement. The deal doesn't include business operations related to consumer sales of…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

Sony-branded USB batteries, alkaline batteries, button and coin batteries and mobile projectors marketed by Sony’s energy devices sector, Sony said.