Google Buying Motorola Mobility For $12.5 Billion

Google buy Motorola’s mobile for $ 12.5 billion , $ 40 per share, compared with Motorola’s current share price premium of 63% mobile.
Google and Motorola Mobile today jointly announced they have reached a final agreement, according to the agreement, Google will be $ 40 per share price of acquisition of Motorola’s mobile, that the transaction amounted to $ 12.5 billion all-cash payment. The purchase price than the closing price on Friday of Motorola mobile premium of 63%. Boards of both companies have unanimously approved the transaction.
Google CEO Larry Page, said: “Motorola mobile completely focused on the Android system, so that they become a natural fit that we will work together to create amazing user experience, significantly enhanced the entire Android ecosystem, so that consumers, cooperation partners and developers have benefited and I very much look forward to welcome people to join the Google family of Motorola. ”
Motorola is focused on the Android platform partner, the acquisition of the company, will significantly strengthen Google Android ecosystem, enhance competition in the field of mobile computing. Motorola Mobile Android system will be permitted, and the Android system will remain open.



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