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ElaKiri Talk!
Google to Buy Motorola Mobility
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<blockquote data-quote="djtek" data-source="post: 10800423" data-attributes="member: 310250"><p><img src="http://i2.cdn.turner.com/money/2011/08/15/technology/google_motorola/google-motorola.top.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">In a surprise deal, Google has agreed to buy Motorola Mobility for $12.5 billion, two companies said Monday.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Google is paying $40 a share for Motorola Mobility Holdings (MMI), a premium of 63% over its closing price on Friday.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Google said that access to Motorola, which makes phones that run on Google's Android mobile operating system, will "enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing."</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">"Motorola Mobility's total commitment to Android has created a natural fit for our two companies," said Google Chief Executive Larry Page in a press release.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Google's (GOOG, Fortune 500) stock fell about 3% in premarket trading while Motorola's rose more than 60%.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Motorola, like BlackBerry maker Research in Motion (RIMM) and Finnish smartphone company Nokia (NOK), have all struggled to keep pace with Apple (AAPL, Fortune 500), the maker of the popular iPhone.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">List of smartphone losers gets longer</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Nokia's stock jumped more than 7% in premarket trading and RIM was up 4%. Apple was little changed.</span></strong></span></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Book Antiqua'"><span style="font-family: 'Comic Sans MS'"><strong><span style="color: DarkOrange">Motorola Mobility began trading as a separate company earlier this year. The company split from Motorola Solutions (MSI, Fortune 500), which makes telecom equipment for public safety use.</span></strong></span> </span></span></p></blockquote><p></p>
[QUOTE="djtek, post: 10800423, member: 310250"] [IMG]http://i2.cdn.turner.com/money/2011/08/15/technology/google_motorola/google-motorola.top.jpg[/IMG] [SIZE="3"][FONT="Book Antiqua"][FONT="Comic Sans MS"][B][COLOR="DarkOrange"]In a surprise deal, Google has agreed to buy Motorola Mobility for $12.5 billion, two companies said Monday. Google is paying $40 a share for Motorola Mobility Holdings (MMI), a premium of 63% over its closing price on Friday. Google said that access to Motorola, which makes phones that run on Google's Android mobile operating system, will "enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing." "Motorola Mobility's total commitment to Android has created a natural fit for our two companies," said Google Chief Executive Larry Page in a press release. Google's (GOOG, Fortune 500) stock fell about 3% in premarket trading while Motorola's rose more than 60%. Motorola, like BlackBerry maker Research in Motion (RIMM) and Finnish smartphone company Nokia (NOK), have all struggled to keep pace with Apple (AAPL, Fortune 500), the maker of the popular iPhone. List of smartphone losers gets longer Nokia's stock jumped more than 7% in premarket trading and RIM was up 4%. Apple was little changed. Motorola Mobility began trading as a separate company earlier this year. The company split from Motorola Solutions (MSI, Fortune 500), which makes telecom equipment for public safety use.[/COLOR][/B][/FONT] [/FONT][/SIZE] [/QUOTE]
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