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
Joseph N. DiStefano
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.
Comments (3)
Those who "Want their cake" and also want to eat it require the best negotiating skills...
I like your attempt to make that old proverb make sense but the truth is, I don't know how such an awkward sentence construction ever caught on. "You cannot eat your cake tonight and expect it to still be on the table in the morning for breakfast."— UncleStosh- Scumbag company.— Ratiocinational
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Joseph N. DiStefano blogs about the latest news in the Philadelphia business community and elsewhere. Contact him at 215-854-5194.
Reach Joseph N. at JoeD@phillynews.com.
Joseph N. DiStefano
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