Posts Tagged ‘acquisition’

Google Buys Motorola Mobility

Monday, August 15th, 2011

I’m so old, that I can remember when Google was just a search engine …

You have probably heard it already: Google just announced that they are going to buy Motorola’s Mobile division, Motorola Mobility. The official press release on Google investor relations confirms that Google will pay $40.00 per share for a total sum of about $12.5 billion US Dollars which is a 63% premium “to the closing price of Motorola Mobility shares on Friday, August 12, 2011″.