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Google buys Motorola

Business economy

For a mere $12.5 billion, Motorola Mobility now comes under Google’s umbrella. Google has a bit of cash on hand – $39 billion and it seemed like a good deal to them.  As Google moves into new markets, we must remember that their slogan is “to do no evil.”

With this acquisition, Google obtains a portfolio of 17,000 patets with another 7,000 patents pending globally. Their move stems from their drive to control the Adroid world from beginning to end.

Although the smart phone market is still dominated by Apple’s iPhone popularity, there are probably 150 million Android phones, which commands the largest smartphone market share.

This is an interesting event in the world of technology.  Read more at TechCrunch.


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