Posts tagged: Google Android

Google Acquires Motorola Mobility, Makes a Run for the Smartphone Market

Eve Padula
 Aug 16, 2011

On Monday, August 15, Google announced a definitive agreement to acquire Motorola Mobility for about $12.5 billion ($40 per share). This all-cash deal represents a 63% premium over the closing price of Motorola Mobility shares on Friday, August 12. This transaction is Google’s biggest acquisition to date and is expected to close by early 2012.

A key aspect of this acquisition is that it will really build up Google’s patent portfolio. Motorola has over 17,000 issued patents worldwide as well as 7,500 patent applications awaiting approval. In a blog post about the acquisition, Google CEO Larry Page noted, “Our acquisition of Motorola will increase competition by strengthening Google’s patent portfolio, which will enable us to better protect Android from anti-competitive threats from Microsoft, Apple, and other companies.” Read more »

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