Google Takeover of Motorola Mobility is for Patents Protection In Global Battle for Intellectual Property Rights
Jack Barnes writes:
By announcing its plans to buy Motorola Mobility Holdings Inc. (NYSE: MMI) yesterday (Monday), Google Inc. (Nasdaq: GOOG) is forcing me to make a statement that I never thought I would make: It’s time to buy Google.
The $12.5 billion deal will see Google acquire the phone-making half of the Motorola Inc. spin-off that took effect in January. Google is paying $40 a share in cash – about a 63% premium to Motorola Mobility’s closing price on Friday. The deal – which Google says will help it "supercharge" its Android smartphone business – will close late this year or early in 2012.
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Battle, global, Google, Intellectual, Mobility, Motorola, patents, Property, Protection, Rights, Takeover
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