Google, Inc. has added to its arsenal in the patent wars, this time subduing Motorola Mobility as its latest purchase for the hefty sum of $12.5 Billion.
According to Andy Rubin, a Google Vice President the purchase of Motorola Mobility, Inc. “will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing.”
As the bitter war of patents embroils, the purchase of Motorola Mobility has allowed Motorola’s former cellular arm, will allow it to rise a whopping 63 percent per share on the stock market close today, adopting its new parent company’s fashion.
The purchase will allow a struggling Motorola to gain footing once again (evidently no longer in its original form) as it failed to hold its own in recent years due to the stranglehold by Samsung and Apple in the mobile market. The Wall Street Journal had a constant update of the situation at hand as they sat with Google executives discussing the purchase deal.
Update: Google has just performed one of the most ambitious shakeup in the mobile industry. Google has just bought Motorola Mobility for $12.5 billion. The deal will keep Motorola as a separate business and will reportedly keep Android relatively open. Both called the deal mutual and expected it to clear in late 2011 or early 2012 if approved.