Google Inc. has agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion or $40 a share in cash, valuing each essential patent at about $20 million, to defend its Android ecosystem. RBC Capital Markets said the deal value of $12.5 billion equates to 0.7 times trailing twelve months (TTM) of equity value-to-sales.
A mobile payment is "any payment" for goods and services that is initiated from a smartphone or similar device. Mobile payments can be broken down into two main types: remote payments or proximity payments.
S&P also reduced Google?s 12-month price target to $500 from $700.
Internet search engine giant Google Inc.'s $12.5 billion acquisition of Motorola Mobility has shocked market watchers because the handset maker is struggling to keep pace with bigger Android rivals like Samsung and HTC but the deal could actually turn out to be Google's best move ever.
Google Inc. has agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion or $40 a share in cash to defend its Android ecosystem. Rising IP threats to Android from Microsoft Corp. and Apple Inc. were the primary driver of the acquisition, RBC Capital Markets said.
Apple is said to launch its next-generation iPhone 5 in early October, and the device could come as a widely compatible "world phone."
Google Inc. (NASDAQ:GOOG) has agreed to buy Motorola Mobility Holdings Inc. (NYSE:MMI) for $12.5 billion or $40 a share in cash, valuing each essential at about $20 million, to defend its Android ecosystem. The acquisition may also benefit Google TV, Jefferies said in a note.
Following Google's $12.5 billion purchase of Motorola Mobility, with one of the largest patent libraries in the industry, speculation is rife that Apple will respond in kind.
After losing out in the titanic $4.5 billion bid for Nortel Networks against Apple and the gang of five, Google has resurged with its latest acquisition of Motorola. The search giant lost out in obtaining 6,000 patents from the Nortel deal, but the $12.5 billion Motorola purchase will make up for the loss with over 17,000 patents packaged in the deal.
Google's $12.5 billion purchase of Motorola Mobility Holdings, widely considered a mobile phone also-run, took the technology world by surprise on Monday.
While some lauded Google's move to acquire Motorola Mobility for $12.5 billion on Monday, others, such as Standard & Poor's, view it as a mistake
Google's $12.5 billion acquisition of Motorola Mobility dominated the headlines on Monday, but is it possible another company could come in and swipe Motorola away?
Google's move to buy Motorola Mobility was all about patents and defending the growing success of Android analysts say.
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Samsung Galaxy S2's beefed-up 4G LTE version, which first reared its head in Korea is back in the limelight, as pictures of the phone were released by Japanese site Amelbo.
T-Mobile USA will be launching two smartphones, Samsung Hercules and HTC Ruby on Oct. 26, according to a leaked document obtained by Tmo News.
Sony Ericsson has announced a limited time exclusive agreement with EAMobile.
The timing of the acquisition suggests that Google's move was more an act of desperation rather than a planned strategic move
Currently, investors are speculating that the Google-Motorola deal will spur other handset deals and Nokia and RIM could be potential acquisition targets.
Google Inc. (NASDAQ: GOOG) agreed to buy Motorola Mobility Holdings, Inc. (NYSE: MMI) for $40 per share in cash or about $12.5 billion. Jefferies believes Apple Inc. (NASDAQ: AAPL) is likely to strike back in patent war.
Market analysts are speculating that Nvidia could be a big beneficiary of the Google-Motorola deal
A Wall Street analyst has predicted that Intel (NASDAQ:INTC) may acquire Micron Technology as the move would diversify its product offerings.