Monday, August 15, 2011

Google, Android to Acquire Motorola Mobility

Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences.

In a recent update, Google Inc. today announced that they have reached a agreement with Motorola Mobility Holdings Inc. under which Google will acquire Motorola Mobility Holdings, Inc. for about $12.5 billion or $40.00 per share in cash.
According to Google, the move will help Google to create awesome user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers everywhere.

A few years ago, Motorola bet its future in the mobile devices market by going full Android, launching the “Droid” – initially on the Verizon network – on November 6, 2009. The “Droid X” and “Droid 2″ followed in 2010.

In a blog post, Google co-founder and CEO Larry Page writes that "Google has acquired Motorola not only because of its strength in Android smartphones and devices, but also for being a market leader in the home devices and video solutions business. I look forward to welcoming Motorolans to our family of Googlers.”

Quotes from Android partners

“We welcome today’s news, which demonstrates Google’s deep commitment to defending Android, its partners, and the ecosystem.”

– J.K. Shin
President, Samsung, Mobile Communications Division

“I welcome Google‘s commitment to defending Android and its partners.”

– Bert Nordberg
President & CEO, Sony Ericsson

“We welcome the news of today‘s acquisition, which demonstrates that Google is deeply committed to defending Android, its partners, and the entire ecosystem.”

– Peter Chou
CEO, HTC Corp.

“We welcome Google‘s commitment to defending Android and its partners.”

– Jong-Seok Park, Ph.D
President & CEO, LG Electronics Mobile Communications Company

Please Share your views will this move from Google will be a success??