Motorola Mobility Acquired By Google

Monday

Aug152011

Aug 15, 2011 at 12:40PM

An unexpected major purchase has been announced today by Google that it has acquired Motorola Mobility, one of the biggest mobile phone maker in the world, for a mind blowing $12.5 billion. Google has plans to "supercharge" the Android ecosystem out of this purchase. Google CEO, Larry Page, had this to say:

The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences. I am confident that these great experiences will create huge value for shareholders. I look forward to welcoming Motorolans to our family of Googlers.

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Source: Google Blog

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