4:52 pm - Wednesday October 22, 2014

Google Acquires Motorola for $12.5 billion

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Do you know the hot news of today? Motorolans joins the Googlers. Yes, you’re right the online advertising and search giant buys Motorola for $12.5 billion (£7.6bn) cash deal. This takeover will definitely boost Google’s increasing dominance in the nascent smartphone and tablet computer market. Check out the important part of the PR below

googlemoto11 thumb Google Acquires Motorola for $12.5 billion

The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Larry Page, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

Motorola Mobility is what used to be the Mobile Devices division of Motorola until January 2011. A few years ago, Motorola bet its future in the mobile devices market by going full Android, launching the “Droid” – initially on the Verizon network – on November 6, 2009. The “Droid X” and “Droid 2″ followed in 2010.

Let’s see where this acquisition will take Motorola? Will it benefit it and how will the other android makers such as HTC, LG, Samsung, Acer, Sony Ericson respond to this?

 

Find the entire press release here.

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Filed in: Google