Google (small internet company that deals with search and advertising) has bought Motorola Mobility (The phone firm that everyone loved when they made the Razr, and that’s about it unless you fancy their Defy Plus…) for $12.5Bn. This may or may not be a good thing, depending on whom you hear.
Some say that this is Google safeguarding Android from lawsuits via patents that Moto own, and also grants Google more control over their own handset manufacturing.
Others say that this is Google wielding too much power and are buying to try and destroy the iPhone.
Me? So long as I get a handset that I actually give two hoots about, I don’t care.
And now, the obligatory Head Honcho quotes, with middling attempts at reading between the lines:
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.”
Google to Moto: “Assimilate!”.
Moto to Everyone else “It’s fine! Honest!”