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Google Buys Motorola Mobility For $12.5 Billion

Posted By Mylove21 on Aug 15, 2011   FROM: googleblog.blogspot.com report abuse
Google Buys Motorola Mobility For $12.5 Billion

Google announced Monday morning that it will acquire Motorola Mobility for $12.5 billion. Insight is a large cable TV operator serving the Midwest, and the acquisition will add about 680,000 subscribers to TWC's existing fold of 12 million.

Google has just forked over $12.5 billion to buy Motorola Mobility. Google CEO Larry Page expanded on what that might mean in a blog post. In addition to citing Motorola’s home devices and video solutions business, Page references recent patent wars that Google believes to be anti-competitive.

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