Google buying Motorola’s Mobility mobile-phone division




/ 13 years ago

Google are set to pay out $12.5 (£7.7) billion for the acquisition of Motorola’s mobile division Motorola Mobility which covers their smart-phones and tablets, Motorola will remain a licensee of Android which will remain an open platform, Motorola Mobility will be run as a separate business.

The transaction subject of course to the agreement of regularity approval in the U.S and E.U as well as agreement from current stockholders of Mobility, the transaction is hoped to be completed by late 2011 to early 2012 (which is also dependant on the Mayan calender being wrong).

Larry Page, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”

Its hoped that the deal will further the chances of being a significant ipad and iphone rival.

Attached files

wpid-redmoto.jpg (14.6 KB) 



Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram
  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS Discord Patreon TikTok Twitch
  • Features


Send this to a friend
})