Google to Acquire Motorola Mobility for $12.5 Billion
In a bid to “supercharge” the Android operating system, Googleannounced on Monday morning that it’s acquiring Motorola Mobility for $12.5 billion in cash. “This acquisition will not change our commitment to run Android as an open platform,” Google CEO Larry Page wrote in a blog post. “Motorola will remain a licensee of Android and Android will remain open. We will run Motorola as a separate business.”
In instant reactions, Business Insider’s Joe Weisenthal called the move a “game changer,” noting that Google now “competes directly with Apple as well as the various other handset makers who currently use Android.” Techcrunch’s Robin Wauters noted the passage in Page’s post saying that it will “enable us to better protect Android from anti-competitive threats from Microsoft, Apple and other companies.” ZDNet’s Mary Jo Foley also wrote that “Google execs cited patents as a key reason it is seeking to purchase Motorola.”
To Google great chess move….
(Source: theatlantic)
tagged as: apple. motorola. news. tech. technology. economic.
reblogged from emergentfutures
originally posted by theatlantic
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