Shalom Life | September 01, 2014

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.

Startup Club: Yevvo Startup Club: Yevvo TrendingJewish Hall Of Fame: Mikhail Prokhorov Jewish Hall Of Fame: Mikhail Prokhorov TrendingZara Discontinues ‘Concentration Camp’ Shirts After Social Media Uproar Zara Discontinues ‘Concentration Camp’ Shirts After Social Media Uproar Trending
 

The Ten Best Curb Your Enthusiasm Episodes

August 29, 2014 | By Caitlin Marceau & Daniel Koren
The Ten Best Curb Your Enthusiasm Episodes

While Season 9 may be a mere fallacy, we do have 8 seasons of Larry David's hilariously awkward comedy to keep us company

Read More

'Ray Donovan' Creator Ann Biderman Leaves Show

August 29, 2014 | By Ashley Ramnarain
'Ray Donovan' Creator Ann Biderman Leaves Show

Writer David Hollander will take the helm of the Showtime series starring Liev Schreiber

Read More

Watch the Trailer for Jon Stewart's Directorial Debut [VIDEO]

August 29, 2014 | By Ashley Ramnarain
Watch the Trailer for Jon Stewart's Directorial Debut [VIDEO]

'Rosewater' will hit a theater near you in November

Read More

Joaquin Phoenix to Play Marvel's Dr. Strange?

August 29, 2014 | By Ashley Ramnarain
Joaquin Phoenix to Play Marvel's Dr. Strange?

Reports indicate that Phoenix is in final talks to play the wizard warrior in a new Marvel franchise

Read More

Bryan Singer Investigated for Alleged Sex Crime

August 29, 2014 | By Ashley Ramnarain
Bryan Singer Investigated for Alleged Sex Crime

According to sources, the NYPD is looking into a claim that Singer sexually assaulted a man in his twenties

Read More

Spanish Imam Asks Allah to Destroy All the Jews [VIDEO]

August 29, 2014 | By Daniel Koren
Spanish Imam Asks Allah to Destroy All the Jews [VIDEO]

In a Friday sermon, Sheik Saleheoldine al-Moussaoui says the Jews are "by nature treacherous and war-mongering"

Read More

Al-Qaeda Presents: Terrorism 101, A Guide on Making Bombs and Choosing Targets

August 29, 2014 | By Daniel Koren
Al-Qaeda Presents: Terrorism 101, A Guide on Making Bombs and Choosing Targets

The terrorist organization has released a detailed booklet on how to make pressure cooker bombs, and which U.S., U.K., and Israeli targets should be attacked

Read More

Putin Compares Ukrainian Army to the Nazis

August 29, 2014 | By Daniel Koren
Putin Compares Ukrainian Army to the Nazis

The Russian President condemned Ukrainian troops firing at civilians in eastern Ukraine who he said are "suppressed with force"

Read More

More Headlines