Google Purchases Motorola Mobility for $12.5 Billion
Thursday, August 18th, 2011Google recently made a deal, it’s largest acquisition ever in fact, to purchase Motorola Mobility for 12.5 billion dollars. Google believes this will help them make gains in the mobile marketplace. Also, Google potentially wanted to make this deal to gain access to the 17,000 patents (and 7000 patents pending) that Motorola has assembled over the years.
“We’ve been saying for some time that we intend to protect the Android ecosystem,” David Drummond, chief counsel for Google, said Monday on a conference call with analysts. “We think that having this kind of patent portfolio to protect the ecosystem is a good thing.” (CNN Tech)



