GOOGLE ACQUIRED MOTOROLA FOR $12.5 BILLION

 

Hello guys, did you know that Google already acquires Motorola for $12.5 Billion?

Google announced Monday morning that the company will acquire Motorola Mobility for $12.5 Billion where 63% premium on Motorola shares was closed Friday.

Google said in a statement, "the acquisition will enable Google to supercharge the Android ecosystem. The company will continue to be run as a separate business."

Larry Page said, "Motorola Mobility's total commitment to Android has created a natural fit for our two companies. "Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers."

Google is now moving toward an expansion of its company from software to hardware.