Google Acquires Motorola

Google today announced that it will acquire Motorola Mobility for $12.5 billion dollars, giving them a significant new hardware arm to help drive their Android platform forward. This deal brings $40 in cash for Motorola Mobility’s shares, a 63% premium over Friday’s closing price.

For more details see the link:
http://www.macrumors.com/2011/08/15/google-supercharging-android-with-acquisition-of-motorola-mobility/