Google To Acquire Motorola Mobility For $12.5 Bill

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.

Comments

Google does NOT care about you.

[RyuuzakiTetsuya]

Before you start going crazy thinking about how great it'll be that Google owns Moto Mobility, remember that Google wants to snoop in on everything you do, everything you say, and everything on your phone so they can sell ads. They don't care about ecosystem, they don't care about fragmentation, they don't care about YOU. They want you to generate ads.

Android is nothing but a giant trojan horse. It is evil. It should be antithetical to everything Google claims to be("Don't be evil.").

Re:Didn't see this one coming

[zget]

I bet other Android manufacturers are even more worried, now that Google owns their own hardware too. Suddenly all the Android manufacturers are using a competitors product and then trying to fight against them too. This is also why Nokia's stock price is rising up. It's bad times for those other Android vendors, and I think they're already looking at something else than Android.