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Looks like Google originally bid a few billion less when it was looking to acquire Motorola Mobility back in August. How much less? Well, according to a regulatory filing today, as much as 33% less than the $12.5 billion Motorola eventually agreed to. Apparently, Google wasn’t messing around when it came to Motorola’s fat patent portfolio (especially after missing out on Nortel’s patent auction) and increased their $30 a share offer to $40. Motorola’s CEO Sanjay Jha knew exactly how to play hardball with Google and gives us further insight as to who won that ping pong match back on August 14th.
[Via Reuters]
All About The Money, And Not The Cause, Typical Motorola…
It’s a publicly traded company, they have to get the best deal for the shareholders…
motorola is not a religion or ideology
Google is
Amen
Duh. Its called capitalism.
Erick you’re an [iphone].
In the end it will be good for Android and for Moto. One company has the great hardware and reliability in the mobile device department and the other has the great software that the hardware manufacturer liked to clutter and smudge, but now they are one in the same so you can expect great hardware with amazing software. This of course will cause for more competitive phones to come out from other companies as well. In the end good move for everyone especially since it gives Google more patents to hold over Apple’s head. ;-)