Google’s Acquisition Of Motorola Mobility Is Now Complete, Deal Closes In At A Whooping $12.5 Billion

Google CEO Larry Page has just announced the fact that company has eventually completed its purchase of Motorola Mobility, that could have been in the works for around nine months now. Originally announced in August of last year, Google had a lot of regulatory approval hurdles in the way before it very well could finalize the move; but with all the approval of the acquisition coming out of China last week, the organization was finally ready to seal the deal. Motorola Mobility has now been taken over by Google for $12.5 billion, meaning that this company paid $40 per impart.


So, now that the deal has long been closed, what’s happening now? Well, effective immediately, Motorola Mobility doesn't have to be trading at the NYSE. Sanjay Jha – credited by Page as someone who made an enormous start betting on Android ahead of time – has stepped down, with Google employee Dennis Woodside running over when the new CEO. Page praised his work at Google, stating that he had worked through the entire Middle East, Africa, Eastern Europe, and Russia to expand Google’s business there. He also more recently helped to grow revenue throughout U.S. from $10.8 billion to $17.5 billion.


Now, I ponder what’s in store for the business inside the coming months and years, though; many have seen rumors of post-acquisition layoffs, as Google trims down the firm all the way down to new ideas it would prefer to hire a.


They certainly seem pretty smitten by the acquisition, with Page remarking in August until this move will aid to supercharge the Android ecosystem (reassuring everyone, however, that this doesn’t suggest that Google will stop working with other Android hardware manufacturers.) What was the aim of paying $12.5 billion to acquire a mobile hardware manufacturer for platform that Google licenses out to everyone anyways? Given the fact that Google has been a victim of patent wars fought by Apple and Microsoft, the firm did claim that they wanted Motorola Mobility’s established repository of patents to defend Android against litigation from competitors’ “anti-competitive” litigation.


Thus, Google felt until this acquisition was actually a pro-competitive move to help defend its platform against all of the recent litigation. Google’s relationship with Motorola Mobility continuing versus that with other manufacturers should really be interesting to see also, in addition to what public perception of that relationship will probably be. Microsoft and Nokia are two very near companies, and several already regard them because the best manufacturer to go with when it comes to Windows Phone partially that is the reason why.


Via Redmond Pie

Writer : Chin Keat

Article Google’s Acquisition Of Motorola Mobility Is Now Complete, Deal Closes In At A Whooping $12.5 Billion is published by Chin Keat on Wednesday, May 23, 2012. 0 comments: in post Google’s Acquisition Of Motorola Mobility Is Now Complete, Deal Closes In At A Whooping $12.5 Billion