Google Buys motorola in $12.5 billion cash

Google Buys motorola in $12.5 billion cash
Google Buys motorola in $12.5 billion cash

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Google has just announced that it has acquired Motorola Mobility in $12.5 billion cash. It is one of the biggest deals in the tech history. Larry page, CEO of Google wrote in a blog post, “Motorola is also a market leader in the home devices and video solutions business. With the transition to Internet Protocol, we are excited to work together with Motorola and the industry to support our partners and cooperate with them to accelerate innovation in this space.”

“The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences. I am confident that these great experiences will create huge value for shareholders,” He added.

The main reason of this deal is to protect android from anti-competitive patent attacks by Microsoft and Apple.

Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”

Now it will be interesting to see the response of other smartphone maker companies who also use Android.

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