December 15, 2011

Google is going to buy Motorola Mobility for a whopping $12.5 billion

 

 

To increase adoption of the Android OS, Google will buy Motorola Mobility for $12.5 billion. To do this Google will shell out $40 per share in cash.

As you know, Motorola Mobility is headquartered in Libertyville, Illinois and manufactures hardware for smartphones and TV set-top boxes.  This is a awesome deal for both Google and Motorola since Google looks to increase visibility and adoption for Android OS and Motorola Mobility looks to increase market share since in 2010 had dropped to seventh place in the global market. This will also make Google similar to Apple in providing both hardware and software. BGC Partners analyst Colin Gills states ”What it says is that Google wants to provide a total experience that’s hardware and software (like Apple)”.

Google aims to close the deal by the end of 2011 or beginning of 2012.

Link: Google to buy Motorola Mobility for $12.5 billion

Comments

  1. google says:

    I liked your article is an interesting technology
    thanks to google I found you

  2. Janesa says:

    Hot damn, looking pretty usufel buddy.

Trackbacks

  1. [...] our earlier post, we mentioned that Motorola Mobility makes hardware for mobile phones AND TV set top boxes. This [...]

  2. [...] Google is going to buy Motorola Mobility for a whopping $12.5 billion. This is an awesome deal for both Google and Motorola since Google looks to increase visibility and adoption for Android OS and Motorola Mobility looks to increase market share since in 2010 had dropped to seventh place in the global market. [...]

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