
Google Inc. has agreed to buy Motorola Mobility. A move that may help cement the dominance of Android in the smartphone market, and help further whittle away at Apple’s tablet market share. The deal has been approved by the boards of both Google and Motorola Mobility, and shareholders of Motorola Mobility will get $40 a share in cash. This purchase will also help Google with its patent portfolio, so that it can better protect itself from the lawyers from Apple Inc., and Oracle.
With Nokia focusing on Windows Phone, and Apple with its iOS, one could wonder what Google may do with this purchase. They will have to walk a fine line so they don’t turn off other Android phone/tablet vendors such as HTC, Samsung, and LG. Hopefully this will mean we will see some cutting edge devices from the Google owned Motorola Mobility very soon.
Posted by Chris Garcia via Bloomberg
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