Number of results 3 for Motorola Mobility
It's official! Motorola Mobility shareholders have approved the transaction by which the company will be acquired by Google for $ 12.5 billion, but the ball is now in the competition authorities' field, which have already opened an investigation after which they will also have to give their consent for this transaction. Motorola expects the deal will be completed at the beginning of 2012.
15/08/2011 - Google Buys Motorola Mobility
The news came as a shock on Monday morning for the whole IT market in the world, Google will buy Motorola. It is not a joke from any blogger, but an official announcement of the Google boss, Larry Page. The "excuse" is that this acquisition will increase competitiveness in the telephony and operating systems market, and a great acquisition after the huge involvement Motorola has had with the Android project.
Motorola Mobility reported net revenues of $3.4 billion in the fourth quarter of 2010, up 21 percent from the fourth quarter of 2009. The GAAP earnings in the fourth quarter of 2010 were $80 million (.27 per share), compared to a loss of $204 million (.69 per share) in the fourth quarter of 2009.
Advertise with us and reach to an audience of thousands of High Tech professionals