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Old 08-15-2011, 10:50 AM   #1
LXer
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LXer: Google SHOCK! Snaps up Motorola phone biz for $12.5bn


Published at LXer:

Are you a Droid handset maker? You wereGoogle has made its largest-ever acquisition, and biggest corporate gamble, by splashing out $12.5bn for Motorola's phone division, Motorola Mobility. The deal puts Google into the hardware business in a serious way and into direct competition with licensees of its Android operating system, who woke up this morning thinking they were Google's business partners.

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