Shalom Life | February 01, 2015

Google Acquires Motorola for $12.5 Billion

Internet giant looking to become a leader in the mobile hardware business.

By: David Shear

Published: August 15th, 2011 in Business » World

Google Acquires Motorola for $12.5 Billion

Google, the developer of the Android mobile operating system, announced Monday morning that it has purchased Motorola Mobility for $12.5 billion.

Google, the world's most popular search engine, launched their open platform operating system for mobile phones in 2007, and today it powers many of Motorola's handsets, along with 38 other manufacturer's phones.

Google CEO Larry Page explained the reason for the acquisition in his blog post:

"The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences."

Page further states that the acquisition will not change Google's strategy regarding the Android:

"This acquisition will not change our commitment to run Android as an open platform. Motorola will remain a licensee of Android and Android will remain open. We will run Motorola as a separate business. Many hardware partners have contributed to Android’s success and we look forward to continuing to work with all of them to deliver outstanding user experiences."

Motorola's stock is up 58.07% in pre-market trading following the news.

Israeli Startups Collectively Raised Over $900 Million Last Week Israeli Startups Collectively Raised Over $900 Million Last Week TrendingPostcard from Einstein's Sole Trip to Israel Sells At Auction Postcard from Einstein's Sole Trip to Israel Sells At Auction TrendingIsraelis Develop 3D Metal Printer Israelis Develop 3D Metal Printer Trending
 

Israeli Startups Collectively Raised Over $900 Million Last Week

January 30, 2015 | By Viva Sarah Press
Israeli Startups Collectively Raised Over $900 Million Last Week

Various startups in Israel raised $910 million through acquisitions and funding rounds in a seven-day period

Read More

Woody Allen’s Joaquin Phoenix-Starrer is Called ‘Irrational Man’

January 30, 2015 | By Ashley Baylen
Woody Allen’s Joaquin Phoenix-Starrer is Called ‘Irrational Man’

Sony Pictures Classics have announced the name of Allen's upcoming film.

Read More

Steven Spielberg’s Daughter, Sasha, to Star in Snapchat Web Series

January 30, 2015 | By Ashley Baylen
Steven Spielberg’s Daughter, Sasha, to Star in Snapchat Web Series

Spielberg will co-star with John Goldwyn's daughter, Emily.

Read More

Roseanne Barr on Bill Cosby:” It Surprises Nobody”

January 30, 2015 | By Ashley Baylen
Roseanne Barr on Bill Cosby:” It Surprises Nobody”

The comedian believes Cosby should apologize.

Read More

Remembering Myra Kraft on Super Bowl Sunday

January 30, 2015 | By Jason Stverak, JNS.org
Remembering Myra Kraft on Super Bowl Sunday

What will be missing for the second time in recent New England Patriots' Super Bowl memory this Sunday is Myra Kraft sitting with her husband, owner Robert Kraft

Read More

Wounded Syrians Treated in Israel: Eliminate Hezbollah

January 30, 2015 | By Hassan Shaalan
Wounded Syrians Treated in Israel: Eliminate Hezbollah

"We were taught that Israel is the enemy of Syria and all Arab countries. Now that I stayed here, I believe the opposite is true; Israel is better than other Arab countries, which don't admit wounded people," says one injured Syrian

Read More

Jewish Hall Of Fame: Kenny Bernstein

January 30, 2015 | By Caitlin Marceau
Jewish Hall Of Fame: Kenny Bernstein

The famous "King of Speed" is known as one of the most important figures in NASCAR history

Read More

Postcard from Einstein's Sole Trip to Israel Sells At Auction

January 30, 2015 | By Daniel Koren
Postcard from Einstein's Sole Trip to Israel Sells At Auction

Almost a century after the physicist's trip to the Holy Land, postcard sells for $56,000

Read More

More Headlines