Google Buying Motorola For $12.5 Billion
Google announced early on Monday morning that it will acquire Motorola Mobility Holdings, marking the Mountain View Company’s first major move into ownership rather than mere partnership in the smartphone hardware space and Google will acquire Motorola for approximately $40 per share in cash or around $12.5 billion dollars. Android will remain an open platform with Motorola as one of the licensee, so other Android device manufacturers don’t need to worry about it immediately and one of the main reasons for buying Motorola is to strengthen its patent portfolio, so that it can protect Android from patent wars…………
