Google Acquires Motorola Mobility
May 22, 2012 Motorola Mobility
Google Inc. announced today that the acquisition of Motorola Mobility Holdings, Inc. has closed, with Google acquiring MMI for $40.00 per share in cash.
View more News Bytes
The acquisition will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.
View full press release
Read Larry Page's blog