Google Buys Motorola Mobility for $12.5 Billion!

Today Google announced that they will be acquiring motorola mobility. Google Will be acquiring Motorola Mobility for $40 a share for a total of $12.5 Billion. Along with this purchase, Google will have access to over 17,000 patents that Motorola has made. What are your thoughts on this? I'm interested to hear what you have to say in the comment section below!

"Happy Monday to you, and happy Monday to Motorola Mobility, which Google has announced is about to become its next acquisition. This comes hot on the heels of a $56 million Q2 net loss for Moto -- and CEO Sanjay Jha's less than subtle hints about going fishing for Android-related patent royalties. Now, at a price of $40 per share for a total of about $12.5 billion, Big G will be making Moto a "dedicated Android partner" to "supercharge the Android ecosystem" and "enhance competition in mobile computing."

Larry Page had this to say about the deal:
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. I look forward to welcoming Motorolans to our family of Googlers.
What happens next? While this will of course strengthen the ties between hardware and software, Google is pledging to continue offering Android as an open platform -- Moto will license it and others will be able to as ever. Additionally, Google will continue to operate its new toy as a separate business and not morph it into an in-house hardware wing. But, one has to wonder what this means for companies like Samsung, which partnered closely with Google on the Nexus S, and of course HTC, which released the Nexus One and the iconic G1. And then there's the big question: just where does Moto Blur fit into this equation?" -Engadget

Read a full article on engadget: http://www.engadget.com/2011/08/15/google-acquiring-motorola-mobility/

Category:

Science & Technology

Tags:

• google
• motorola
• android
• mobile
• cellphones
• buy
• patents
• tech
• phone
• software
• technology
• apple
• iphone

[XxDJcommanderxX]

motorola aint that good anyways they should have bought htc

[TechTubeCentral]

@XxDJcommanderxX I think the main reason they bought Motorola Mobility was it as starting to fail a lot. HTC most likely wouldn't allow themselves to be bought by google and it would cost a lot more

[trdracer21]

@lava172 and ur still here

[lava172]

ugh first google comes in and ruins youtube, now they're probably gonna ruin motorola.

[raymondtonk12]

peooople .... Google did this to have Motorola's 17,000 patents. Google need them to help samsung and htc. those patents will be used agaist apple. It was just a smart team move to save android.

[Zebrakidd1]

WOW.

[SecondHandRelief]

2nd!!!

[RefreshChannel]

Im so buying the bionic then.