Google has announced it is acquiring handset maker Motorola Mobility for $40 per share or $12.5 billion. Google will making Motorola Mobility a "dedicated Android partner" to "enhance competition in mobile computing" and "supercharge the Android ecosystem." 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. I look forward to welcoming Motorolans to our family of Googlers."
The acquisition also give Google access to Motorola Mobility's treasure chest of patents which it can use to help defend itself against lawsuits.
Motorola Mobility has been a strong Android partner to Google and launched the flagship Droid lineup for Verizon. Google will continue to operate its new toy as a separate business and not morph it into an in-house hardware wing.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.