Motorola Mobility Acquried By Google For $12.5 Billion

Search Engine Giant Google had announced today morning that it is going to acquire Motorola mobility for $12.5 billion.Google had made an open offer to Motorola that it is going to pay $40 per share in full cash.Motorola is a mobile phone maker giant and it is one of the manufacturer of mobile phones with Google’s android operating system.Google said in a statement “will enable Google to supercharge the Android ecosystem”.Google also said that “Android will be an open platform and Motorola will be run as an separate business”.
Some of the Good News for Motorola,Nokia and RIM shareholders
When Google acquired Motorola Mobility for $12.5 billion the share price of Motorola Mobility jumped 58% to $38.50 after the Google announcement.The lead competitors of Motorola are Nokia and RIM whose share prices also jumped 5% and 11% in pre-market trading.This announcement came as an Good news for all the shareholders and investors.
Source : Mashable









