…believe it or not, this is the grooviest piece of information of the day. The search engine giant has officially announced that it has reached an agreement to acquire Motorola, one of the biggest companies in the mobile industry, all in the name of supercharging Android.
First of all, let’s get the figures out of way, as the price of the transaction has been already announced. Google will pay $ 12.5 billion, which accounts to $40 a share, and both boards have approved the deal.
Motorola was one of Google’s most important partners when it came to Android (many say that Android saved Motorola from a very grim fate), but, most of all, Motorola owns a huge patent portfolio. That would be a very strong weapon for Google and its Android partners in the fight against Apple. Remember how Apple has managed to ban the Samsung Galaxy Tab 10.1 in Europe just a few days ago? This move will allow Google to fight back.
HTC, Sony Ericsson and LG representatives have welcomed the move. And why wouldn’t they? It will help them fight Apple.
By owning one of the biggest mobile phone and tablet manufacturers, Google will have an easier time further developing Android, which would only benefit everyone.
I’m not sure Apple will be too happy about it, though…
(P.S. If you’re interested in hearing more about Google’s side of the acrimonious patent war, read our earlier post: Inside the Patent War or, Why Tech Innovation is Doomed)