Shalom Life | August 28, 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.

Israeli Revolutionary Exoskeleton, ReWalk, Goes Public Israeli Revolutionary Exoskeleton, ReWalk, Goes Public TrendingThe Love Jewce: An Interview With Shoes by Jews The Love Jewce: An Interview With Shoes by Jews TrendingOp-Ed: BDS Victory Over SodaStream May Equal 900 Palestinians Out of Work Op-Ed: BDS Victory Over SodaStream May Equal 900 Palestinians Out of Work Trending
 

Iranian Official Claims Israel Sent Drones On Iran from Former Soviet Union

August 27, 2014 | By Daniel Koren
Iranian Official Claims Israel Sent Drones On Iran from Former Soviet Union

The country's 'semi-official' Fars news agency alleges that it came from either Armenia, Azerbaijan or Turkmenistan

Read More

Adrien Brody Channels Harry Houdini For Magic Trick on 'Today'

August 27, 2014 | By Ashley Ramnarain
Adrien Brody Channels Harry Houdini For Magic Trick on 'Today'

The actor is currently doing the rounds to promote his History Channel mini-series

Read More

Shia LaBeouf Calls Police On Crazed, Stalking Fan

August 27, 2014 | By Ashley Ramnarain
Shia LaBeouf Calls Police On Crazed, Stalking Fan

A woman was arrested on LaBeouf's property after he called the Los Angeles police.

Read More

Chelsea Handler Says Her Final Goodbyes On 'Chelsea Lately'

August 27, 2014 | By Ashley Ramnarain
Chelsea Handler Says Her Final Goodbyes On 'Chelsea Lately'

The late night host was joined on stage by dozens of celebrities for her final episode.

Read More

Sarah Silverman is Returning to 'Masters of Sex'

August 27, 2014 | By Ashley Ramnarain
Sarah Silverman is Returning to 'Masters of Sex'

The comedian will reprise her role as Helen.

Read More

Op-Ed: After Gaza War, Helping Traumatized Israelis Heal

August 27, 2014 | By Chelsea Polaniecki
Op-Ed: After Gaza War, Helping Traumatized Israelis Heal

The road from trauma to resilience is a long and arduous journey that requires extensive therapy and the constant support of a family, whether biological or one born out of tragedy

Read More

Jewish Hall Of Fame: Mikhail Prokhorov

August 27, 2014 | By Caitlin Marceau
Jewish Hall Of Fame: Mikhail Prokhorov

At 49, the renowned entrepreneur, politician and Brooklyn Nets owner is one of the wealthiest men in the world

Read More

NFL Broadcaster Stereotypes Jews During Live Game

August 27, 2014 | By Peter Herriman
NFL Broadcaster Stereotypes Jews During Live Game

San Diego Chargers broadcaster Hank Bauer joked about penny pinching and some other Jewish stereotypes; he's since been suspended for a game

Read More

More Headlines