Tuesday, August 16, 2011

Google Buys Motorola

Google has recently bought the phone/tablet manufacturer, Motorola for $12.5 Billion; ($40 per share). So what is the reason for the multi-billion search engine buying a company like Motorola?

"We believe that their mobile business is on an upward trajectory and poised for explosive growth." - Larry Page, Google CEO and co-founder.

That may be true, but with an upcoming lawsuit with Apple coming very soon I find it hardly coincidental. Back in July, Eric Schmidt (Google's Executive Chairman) said this when asked about the HTC lawsuit against Apple: “We will make sure they don’t lose and win the court case". Clearly Google are willing to save their Android operating system, which seems to be the common aspect why Apple is accusing patient infringements for the major smart-phone companies.

Sources:

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