August 15, 2011

Google to Buy Motorola Mobility for $12.5 Billion - WSJ.com

Wow, few pundits and analysts didn't see this one coming! Now Apple has a fierce competitor in Google for both hardware and its Android operating system. Seems like a very strategic move to me. Meanwhile, Microsoft is stuck trying to pull Nokia out of the mud.

"The deal, which comes just eight months after the split of Motorola Inc., would give Google control of Motorola Mobility's attractive patent portfolio after the Internet giant recently missed out on a bid for Nortel Networks Corp.'s portfolio. Google, which owns the fast-growing Android operating system used in millions of mobile phones, has a thin portfolio of wireless and telecommunications patents."

Post a Comment