BREAKING: Google Buys Motorola for $12.5 Billion

Google has purchased Motorola Mobility, a company that makes many of the phones its Android operating system runs on, for $12.5 billion — a 63% premium on its current share price.

The acquisition, Google said in a a statement, “will enable Google to supercharge the Android ecosystem.” The company will continue to be run as a separate business.

Buying a hardware company is an unusual move for Google.

More to come… follow this post for updates via Mashable.

About JordanTBH

Jordan Couzens is the man behind JordanTBH Technologies. He has a keen interest in Technology and Computer Programming. Some links are affiliated links and therefore it helps our websites and software stay free, as it is tracked to us. If you go through it, it can sometimes result in a payment or benefit to the site. It's worth noting this means the third party used may be named on any credit agreements. If it isn't possible to get an affiliate link for the top deal, it is still included in exactly the same way, just with a non-paying link.

Leave a Reply

Post Navigation