News
Google continues with negotiations for Motorola
Negotiations continue in the US between Google Inc and Motorola Mobility Holdings Inc. Google raised its bid by 33% to $12.5 billion (£7.9 billion) following two weeks of negotiations between the two companies.
On 1st August, Google originally offered $30 (£19) for every Motorola share, eventually paying $40 (£25) for large patent portfolio. This follows their failure in securing the Nortel patent auction to a consortium including Apple and Microsoft. An agreement has still to be reached.
Share our news:
Leave a comment:
Latest Articles
Negotiations continue in the US between Google Inc and Motorola Mobility Holdings Inc. Google raised its bid by 33% to $12.5 billion (£7.9 billion) following two weeks of negotiations between the two companies.
The Wall Street Journal has reported that discussions have taken place between Apple board members regarding a CEO succession plan following Steve Jobs' departure on medical leave this year.
The world's second-largest computer maker, is "cautiously optimistic that its strong performance in Europe and Asia will continue but remains concerned about U.S. government spending, an executive said.
