15 August 2011

Google Acquires Motorola Mobility for $12.5B


Google Acquires Motorola Mobility for $12.5B
Google Inc buys mobile phone maker Motorola Mobility (MM) for $12.5 Billion!


According to the news Motorola Mobility will empower Google to enhance competition in mobile computing"
Google offers $40 /share in cash and a premium 63% over closing price of MM

Google said that it will not affect on how Android developed and it will remain Open. Motorola Mobility will run separately in business terms.

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