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