Monday, August 15, 2011

Google To Buy Motorola Solutions for $12.5 Billion

Google had just announced today that it is acquiring Motorola Solutions for $12.5 billion. It's approximately 63% premium to the last closing price.

"Motorola Mobility's total commitment to Android has created a natural fit for our two companies," said Google CEO Larry Page, in a statement. "Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners, and developers. I look forward to welcoming Motorolans to our family of Googlers."

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