Google acquires Motorola Mobility and its over 17,000 patents

Mobile Commerce Industry

Many high-tech experts were surprised by Google’s latest acquisition bid of $12.5 billion for Motorola Mobility, an Android phone manufacturer. The all-cash, $40 per share deal comes at a premium of 63 percent. Google has announced that if the deal closes in 2011 or at the beginning of 2012, it will be running Motorola Mobility as its own company. Should the deal close, Google will be receiving more than just a cell phone manufacturer. The first major thing that it will obtain is patent protection, as Motorola currently holds over…

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