Google Acquires Motorola
In what was a peaceful Independence day for the Indians, the technologists of the country were shocked by a news which is true – Google Acquires Motorola. The Search Engine giant made a very surprising move on the eve of the Indian Independence by acquiring the first company to produce mobile phones(Motorola). The mobile phone manufacturing comany Motorola had been off colors for the past couple of years because of the rise of other dominants and now we see Google acquiring it.
Google Acquires Motorola – Why?
The news is a real shocker for the technologists as the American based mobile phone company was acquired by Google. Google CEO Larry Page stated that this would be a boost for the Android platform and Google Acquires Motorola will be the headlines tomorrow. He also stated that the company is planning to improve the user experience in the Android platform. Recently, Motorola had expressed its wishes to work with Microsoft for Windows Phone 7 and Google seems to have put a big full stop to it. Also the main reason that Google had been lagging behind the Apple is that Google has only the software control (Android) while Apple has the power of both hardware and software. It will be interesting to see how Google will now compete against Apple. Google did this in a desperate attempt to overcome Apple in the smartphone race. Apple has only one smartphone – iPhone and with that single phone, Apple is able to dominate the smartphone industry as it is the most desired smartphone. Android, on the other hand, has a number of manufacturers each with a custom UI and despite that, Android is still second best. With the news that Google Acquires Motorola, lets see how Apple reacts. Will the acquiring battle continue?
Google Acquires Motorola – How?
Google declared that it will be purchasing Motorola Mobility Holding Inc. and it is purchasing the shares of Motorola company at $40 per share. The total amount sums up to about $12.5 billion which is around 63% higher than the total share value of Motorola on Friday evening.
Bottomline – Google Acquires Motorola