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Thread: Google to acquire Motorola for $12.5 billion

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    Default Google to acquire Motorola for $12.5 billion

    Combination will "supercharge Android", strengthen Google's patent portfolio

    Google has announced plans to acquire Motorola Mobility Holdings for $12.5 billion, a premium of 63 percent to the closing price of Motorola shares on Friday.


    The transaction, which is expected to close by the end of 2011 or early 2012, was unanimously approved by the boards of directors of both companies.

    Motorola Mobility is already an Android dedicated partner, having adopted Google's Android operating system across its entire range of smartphones back in 2008.

    Motorola Mobility will remain a licensee of Android and Android will remain an open platform. Google said it will run Motorola Mobility as a separate business.

    Google CEO Larry Page said: "Motorola Mobility's total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers."

    He also said the acquisition "will increase competition by strengthening Google's patent portfolio, which will enable us to better protect Android from anti-competitive threats from Microsoft, Apple and other companies".


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    Default Re: Google to acquire Motorola for $12.5 billion

    hmmm not a bad news

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    Default Re: Google to acquire Motorola for $12.5 billion

    ore google.........
    Once more into the fray
    Into the last good fight I’ll ever know

    Live and die on this day
    Live and Die on this day

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