Wednesday, February 10, 2016

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 interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, 215.854.5194, @PhillyJoeD. Read his blog posts at http://www.philly.com/PhillyDeals and his Inquirer columns at http://www.philly.com/philly/columnists/joseph-distefano/. Bloomberg posts his items at NH BLG_PHILLYDEAL.

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

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