Business Economics

inGoogle looks to shape up Android with Motorola Mobility Google to acquire US mobile partnerships Smartphone business to supercharge the Android ecosystem Josh Halliday Guardian.co.uk Monday 15 August 2011 13:07 BST Google is to buy Motorola Mobility maker of the Motorola Xoom tablet for $12.5bn. fritter away: Yoshikazu Tsuno/AFP/Getty Images Google is to acquire Motorola Mobility, the US mobile companys Smartphone business, in $12.5bn (£7.6bn) cash toilet. The takeover will boost the bestride of googles Android software in the nascent smartphone market. The $40-a-share deal which is Googles biggest acquisition to date is a 63% subsidy on Motorola Mobilitys closing price on the spick-and-span York Stock Exchange on Friday. Larry Page, Google Chief executive, said: Motorola Mobilitys total commitment to Android has created a natural equate for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look frontward to welcoming Motorolans to our family of Googlers.

Sanjay Jha, chief executive of Motorola Mobility, added: This transaction offers significant repute for Motorola Mobilitys Stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have overlap a productive partnership with Google to advance the Android platform, and instantly through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across out mobile devices and home businesses. The deal represents Googles biggest contest yet to Apple, which has led the way in the Smartphone and table markets with the iPhone and iPad. opposite manufacturers, including Samsung and HTC, will be free to release phones using Googles Android software. Google will run Motorola Mobility as a associate business. The takeover also pits Goofle, which has traditionally... If you want to get a estimable essay, order it on our website: Ordercustompaper.com

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