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Google To Acquire Motorola Mobility For $12.5 Billion

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Google To Acquire Motorola Mobility For $12.5 Billion

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Old 08-15-2011, 09:30 AM
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Default Google To Acquire Motorola Mobility For $12.5 Billion

Google announced early Monday morning that it will acquire smartphone maker Motorola Mobility for $12.5 billion in cash.

According to a Google press release, published in full at TechCrunch, "The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing."

In a post on the http://googleblog.blogspot.com/2011/...CEO Larry Page offered a few more details about how this buy would affect the company's Android platform.

Read more: http://www.huffingtonpost.com/2011/0..._n_926923.html
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