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Google To Acquire Motorola Mobility For $12.5 Bill

Posted by CmdrTaco on from the didn't-see-that-coming dept.

zacharye writes "Google and Motorola Mobility have announced an agreement whereby Google will acquire Motorola for $12.5 billion. The acquisition price equates to $40 per share of Motorola stock, or a premium of 63% over Friday's closing price. The move is considered to be an effort that will better-align Google to compete with Apple's iPhone, which currently owns two-thirds of profits among the world's top-8 smartphone vendors..." That's one way to stop royalty payments.

2 of 578 comments (clear)

  1. Re:is it just me by Jello+B. · · Score: -1, Offtopic

    xkcd is awful.

  2. Re:I have never heard by larry+bagina · · Score: -1, Offtopic

    It's 1/8th of a Franklin.

    --
    Do you even lift?

    These aren't the 'roids you're looking for.