Tuesday, August 4, 2015

Google wants to dump Horsham but keep patents: reports

For the old GI plant, supplier to Comcast

Google wants to dump Horsham but keep patents: reports

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The Google homepage is seen on a Motorola Mobility Holdings Inc. device. Google acquired Motorola Mobility, based in Horsham, in May.
The Google homepage is seen on a Motorola Mobility Holdings Inc. device. Google acquired Motorola Mobility, based in Horsham, in May.

Google Inc. has set today as a deadline for bids from would-be buyers for its Motorola Home business, which counts Comcast and other cable TV companies among its clients, and includes the old General Instruments plant in Horsham, which once employed over 1,000, reports the Wall St Journal, see also Light Reading Cable's account here. 

Google wants to collect at least $1.5 billion from a deal, but is supposed to have dampened interest by insisting on keeping Motorola Home patents. Georgia-based Arris Group, Pace Plc and Ericcson have been listed as likely bidders.

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PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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