Shares of InterDigital Inc plunged 23 percent on Monday after Google's $12.5 billion Mobility Holdings buy sparked worries that the search giant may no longer be interested in the company's wireless patents.
Mobile Technology is taking a turn with Google buying Motorola Mobility. Here's give things to know about the acquisition.
Shares of InterDigital Inc plunged 23 percent on Monday after Google's $12.5 billion Mobility Holdings buy sparked worries that the search giant may no longer be interested in the company's wireless patents.
Under the deal, Motorola Mobility will remain licensee of Android, which will stay open and available for use by other hardware manufacturers at no cost.
Carl Icahn benefits from Motorola Mobility's sale. He has other tech investments.
Nokia Oyj shares jumped over 10 percent on Monday as Google Inc's offer for Motorola Mobility Holdings rekindled speculation of a bid for the Finnish mobile phone company.
Internet search giant Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash.
Time Warner Cable Inc. said Monday it will pay $3 billion in cash for cable operator Insight Communications Co. Inc., which has more than 750,000 customers in Indiana, Kentucky and Ohio.
After Motorola, could RIM, Sony or Nokia tempt a bidder?
Google's $12.5 billion acquisition of Motorola Mobility sent shock waves through the industry, while reviving a few slumping technology companies.
After being pushed into a corner by the Rockstar consortium which acquired a portfolio of 6,000 patents from Nortel Networks, Google has upped the ante in the smartphone arena by acquiring Motorola Mobility for $12 billion.
Google said the purchase of Motorola Mobility will bolster the popularity of its Android mobile operating system.
Google bought Motorola Mobility for $12.5 billion to bolster search and add platforms in the competitive smartphone world. Could retail stores be next?
Google Inc said it will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion in cash to bolster the adoption of its Android mobile software.
Google Inc. (NASDAQ: GOOG) said it agreed to buy Motorola Mobility Holdings, Inc. (NYSE: MMI) for $40 per share in cash or a total of about $12.5 billion. This might create more heat for Apple Inc. (NASDAQ: AAPL), as Google is trying to improve its Android ecosystem with this acquisition.
While Motorola was basking in the buzz that has been created around its upcoming Android device, the Droid Bionic, Samsung has thrown down the gauntlet in the 4G race, with rumors of a 4G LTE Samsung Galaxy look-alike Android phone called, the Celox, doing rounds in Korea.
Samsung's Galaxy S2, with its impressive specifications and ultra-thin design, has left customers salivating. But while U.S. customers are still gearing up for the phone's arrival, a new report suggests that an LTE model is also under wraps.
The smartphone will run on Android 2.2 (Froyo) which can upgraded to Gingerbread.
Motorola accidentally posted the specifications of its upcoming Verizon LTE phone, the Droid Bionic, which is touted as "an all-powerful, unstoppable machine."
Nokia Siemens Networks will cut as many as 1,500 jobs from assets acquired from Motorola, a spokesman announced on Thursday.
Nokia Siemens Networks has begun cutting 1,500 jobs from the 6,900 staff it acquired with its $1.2 billion acquisition of Motorola's telecoms network unit in April, a spokesman said on Thursday.
Tech stocks fell with the market but not as badly as other sectors
