Google Buys Motorola To ‘Supercharge’ Android
“Google has struck its biggest ever deal – to buy Motorola’s smartphone and tablet business for $12.5bn (£7.7bn) in cash.
Both companies say the move will give a “supercharge” to Google’s Android platform.
Android-based devices, which include Motorola’s smartphones and tablets – are the major rivals to Apple’s iPhone and iPad.
As such, the acquisition appears to be a decisive effort by Google to tackle to dominance of Apple head on.
Under the deal, Google will buy Motorola Mobility for $40.00 per share, a price that is 63% over the closing value of Motorola Mobility shares on Friday.”
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