Google has announced the purchase of Motorola's mobile division for U.S. $ 12,500 million , approximately 8.743 million euros. With this acquisition, the Internet giant seeks to further its already successful potential operating system for smartphones Android .
The transaction is expected to be completed in late 2011 or latest, early 2012
The company reported that Motorola Mobility as a license to run Android and will remain a separate business from its mobile platform. The move aims to strengthen the ecosystem of Android in the face of increasing competition in the market for smart mobile phones. Among other advantages, Google gets this agreement a number of valuable patents.
"Motorola's total commitment to technology Android Mobility has created a natural arrangement for both our companies," the statement said the chief executive of Google, Larry Page. The combined companies will create, according to Page, "amazing experiences for users to load the entire Android ecosystem for the benefit of consumers, business associates and technicians."
The offer of $ 40 per share represents a premium of 63% from the closing price of Motorola Mobility Friday in the New York Stock Exchange. Shares of Google fell 2.8% after news operations prior to market opening, while the Motorola Mobility climbed 59%.
The transaction is expected to be completed in late 2011 or latest, in early 2012.
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