Google announced the acquisition of Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion. Now, the successful acquisition will enable Google to supercharge the Android eco-system and deliver enhanced user experience to the consumers.
Larry Page, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”
Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”
Andy Rubin, Senior Vice President of Mobile at Google, said, “We expect that this combination will enable us to break new ground for the Android ecosystem. However, our vision for Android is unchanged and Google remains firmly committed to Android as an open platform and a vibrant open source community. We will continue to work with all of our valued Android partners to develop and distribute innovative Android-powered devices.”
Google is paying a premium of 63 percent to the closing price of Motorola Mobility share on Friday, August 12, 2011. The deal approved by the board unanimously from both the parties. The acquisition of a 80 year of old corporation will brings a kind of pride to Google. This wing will be operated separately says the official spokesperson. Motorola is the leader in communications technology and products for decades. Its many industry milestones include the introduction of the world’s first portable cell phone nearly 30 years ago, and the StarTAC—the smallest and lightest phone on earth at time of launch.
Motorola was a founding member of the Open Handset Alliance which worked to deliver the first truly open and comprehensive platform for mobile devices Android. Motorola's commitment to Android in mobile devices is one of many reasons that there is a natural fit between our two companies. Both the parties thought the combination will create amazing devices and deliver outstanding user experience.
But then, the more of Android devices are from Samsung. There was ground breaking record sales for Samsung Galaxy S II. A group of people believe that Motorola devices are not so Android friendly. This is purely because the Motorola devices very hardly gets an Android update. Even then the user experience is not increasing over a period of time. Undoubtedly, Samsung phones are Android lovers. The successful devices are more with this company rather any other. Motorola and Android combination offers a hefty device with high price band. So, we anticipate the future device to be lighter, smarter and powerful.