Huge!
Google is buying handset maker Motorola Mobility for $12.5 billion in cash.
That's a 61% premium.
Needless to say this is a gamechanger in the mobile world, as Google moves down the stack, and is no longer just an operating system provider meaning it competes directly with Apple as well as the various other handset makers who currently use Android.
Monday, August 15, 2011
Google Buying Motorola Mobility For $12.5 Billion!
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