Google to buy Motorola Mobility
16. August 2011. | 06:37
Source: BH Daily News
A joint statement said the boards of both companies had unanimously approved the deal, which should be completed by the end of this year, or early in 2012.
Internet giant Google has announced a deal to buy Motorola Mobility for $12.5bn
A joint statement said the boards of both companies had unanimously approved the deal, which should be completed by the end of this year, or early in 2012.
Earlier this year, Motorola split into two separate companies.
Mobility develops and manufactures mobile phones, while Motorola Solutions covers wider technologies for corporate customers and governments.
The deal would allow Google to "supercharge" its Android operating system, the joint statement said.
Google said it would continue to run Mobility as a separate business.
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