Thursday, April 24, 2014
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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

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.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

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

Joseph N. DiStefano
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