Google buys-out Motorola for $12.5bn

Google buys out Motorola

Google is to buy mobile phone manufacturer Motorola Mobility for $12.5bn (£7.7bn), allowing it to mount a serious challenge to Apple as a technology manufacturer and take a bite out of the iPhone maker’s share of the smartphone market. Google will pay $40 a share in cash for Motorola – a 63pc premium to the … Continue reading →