Google Facts about Google’s acquisition of Motorola Motorola

Overview

On August 15, Google announced an agreement to acquire Motorola Mobility, based in Libertyville, Illinois, for $40 per share. Both companies’ boards of directors have approved the deal.

Benefits of the deal

Why Motorola Mobility?

J.K. Shin, President, Samsung, Mobile Communications Division
“We welcome today’s news, which demonstrates Google’s deep commitment to defending Android, its partners, and the ecosystem.”

Ken Hong, LG spokesman
"We will continue [to] support the Android operating system, and we have no concerns about the changes in the Android environment.” (MarketWatch)

David Balto, a former FTC antitrust official and senior fellow at the Center for American Progress
“If anything, antitrust regulators may see the deal as a boost to competition. Android is such a crucial competitor to the iPhone in particular, that allowing Google to buy Motorola Mobility will likely produce even more innovation in smartphones and other devices.” (AP via ABC News)

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