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 monster purchase of Motorola Mobility has made it clear: The digital future is all about portability.
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
by Michelle SierraNEW YORK, Aug 16 - Google Inc's $12.5 billion acquisition of Motorola Mobility Holdings Inc suggests that cash-rich companies may not need to access the syndicated loan markets to pay for multi-billion purchases, sources told Thomson Reuters LPC Tuesday.
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 paid less per patent than Apple's syndicate did in recent smartphone wars
Google's response to Apple in the smartphone patent wars ran counter to practice: rather than settling, it bought an Apple rival
Google's move to buy Motorola Mobility was all about patents and defending the growing success of Android analysts say.
Google Inc's biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.
Google buying Motorola might be big technology news, but it?s not nearly as fun as a pair of sunglasses that can open a beer bottle.
Former employees of elite Wall Street firms are triumphing over their previous investment banks in Google Inc's blockbuster $12.5 billion deal to buy Motorola Mobility Holdings Inc.
Asian handset makers using Google Inc's Android operating system might turn to rival platforms such as Microsoft Corp's Windows after Google upended the mobile landscape with its $12.5 billion bid for Motorola Mobility Holdings.
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
Asian handset makers using Google's Android operating system might turn to rival platforms such as Microsoft's Windows after Google upended the mobile landscape by buying Motorola Mobility Holdings for $12.5 billion.
In a significant development for the mobile technology industry, Google (NASDAQ:GOOG) has agreed to buy Motorola Mobility (NYSE:MMI) for $12.5 billion, or $40 a share, in cash to defend its Android ecosystem.
Google Inc.'s biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.