homepage Welcome to WebmasterWorld Guest from 23.20.63.27
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member

Visit PubCon.com
Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
Forum Library, Charter, Moderators: goodroi

Google Finance, Govt, Policy and Business Issues Forum

    
Google Sells Motorola Home Business For $2.3 Billion
engine




msg:4529893
 1:04 pm on Dec 20, 2012 (gmt 0)

Google has sold the Motorola Home set-top business -- which it inherited as part of its $12.5 billion acquisition of Motorola Mobility earlier this year -- to the Arris Group, for $2.35 billion in cash and stock.

Under the terms of the deal, Google will receive $2.05 billion in cash and $300 million in newly issued stock, giving it a 15.7 percent ownership stake in Arris upon the deal's closure. Arris will also gain access to a collection of Motorola Mobility patents.

Google Sells Motorola Home Business For $2.3 Billion [news.cnet.com]

 

mack




msg:4529904
 1:48 pm on Dec 20, 2012 (gmt 0)

I think google are struggling to make a return on Motorola mobility. Selling part if it will paint a prettier picture for the books.

Mack.

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved