Friday, October 31, 2014
Inquirer Daily News

PhillyInc dials up Google's $12.5B deal

The search-engine giant is spending some of its cash to buy hardware maker Motorola Mobility to bolster its mobile-phone business.

PhillyInc dials up Google's $12.5B deal

Nothing like a $12.5 billion acquisition to start off Monday.

Google intends to part with a giant portion of its cash horde to buy Motorola Mobility, one of its hardware partners for the Google Android mobile-phone operating system. Motorola Mobility has a large operation in Horsham.

You can read more about the deal (and welcome back PhillyDeals columnist Joe DiStefano from his vacation) here.

Meanwhile, the Wall Street Journal ponders whether the Google-Motorola link-up means that King of Prussia's InterDigital has lost a key bidder for its portfolio of patents covering wireless technology.

Well, into every business strategy a little rain must fall.

Mike Armstrong Inquirer Columnist
About this blog
Mike Armstrong blogs about Philadelphia corporations and business-related topics. Contact him at 215-854-2980. Reach Mike at marmstrong@phillynews.com.

Mike Armstrong Inquirer Columnist
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