(Not) be evil?
In a stategy to, in Google’s word, “supercharge” the Android platform, Google announced today the acquisition of Motorola Mobility division for $12.5 bilion.
Motorola shareholders will receive $40 per share which represents more 63% over the closing share price on Friday (12 August).
Larry Page, the Google’s CEO stated:
“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."
Also, like it’s known in the past months, there’s a giant battle over patents ownership between Google, Microsoft and Apple, so it also fortifies Google’s patents portfolio.
This acquisition is subject to the usual conditions and regulatory approval so this transaction should be closed at the end of 2011 or at the beginning of 2012.
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