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+ - Google to acquire Motorola Mobility for $12.5 bill->

Submitted by zacharye
zacharye (2330148) 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..."
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Google to acquire Motorola Mobility for $12.5 bill

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