Google is buying Motorola for $12.5 billion
This is big news! Google is buying Motorola Mobility, the mobile phone division of Motorola for an estimated $12.5 billion.
Motorola was one of the first handset manufacturers to use Android in their handsets and has been somewhat successful in the US market.
In an announcement over at the Google blog, Google CEO Larry Page writes:
The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences. I am confident that these great experiences will create huge value for shareholders.
I look forward to welcoming Motorolans to our family of Googlers.
We should be seeing a dedicated Google+Motorola Android phone very soon. This will also mean the next Google Nexus phone will be a Motorola handset and we will say goodbye to HTC and Sammy or LG as a potential carrier.
This is also probably the reason why that come-back to the Philippine market has been put on indefinite delay.
The other division, Motorola Solutions, will be retained by the company (we featured some of their products here before).