Looking for Something?

Google Acquires Motorola Mobility for $12.5 Billion

Author:

Google made a huge announcement this morning. They have come into an agreement to acquire Motorola Mobility for $12.5 billion, which some are saying is an unusual move for the company.

What’s the reason for the big move on Google’s part? It “will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing”.

Larry Page, CEO of Google, 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.”

Sanjay Jha, CEO of Motorola Mobility, released a statement saying, “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.”

This recent news is heating up both online and offline news sources. What are your thoughts on this purchase made by Google?

Julie Bonner covers breaking news in several different areas for the BlogWorld Blog. After blogging in a variety of topics, she found her calling in the world of toys and owns ToyXplosion, a site dedicated to all things toys. Feel free to connect with her on Twitter (@juliebonner).


Feedback

1
  • Jon

    Android ecosystem my ass. Clearly, Google has Apple in their cross-hairs.

Learn About NMX

NEW TWITTER HASHTAG: #NMX

Recent Comments

Categories

Archives