Image Courtesy of CBS News
Do you remember back in August of last year when Google offered to buy Motorola Mobility for $40 a share? Soon after the announcement, many people assumed that it was a done deal. However, the complete opposite has happened. Since then, a lot of speculation was tossed around, with many saying that the deal would not be allowed to happen.
Despite the fact that both companies’ board of directors approved the deal, it was not until yesterday (Feb. 11) that the U.S. and European regulators approved Google’s purchase of Motorola Mobility for $12.5 billion ($40 per share). Since the purchase was announced 6 months ago, Motorola has all but stopped releasing new products. The Droid 4, Droid RAZR, RAZR MAXX, Motorola Xyboards, and the MOTOACTV were all released after the deal was announced.
Only time can tell where this deal will go. Motorola started its journey into the market as the company that introduced the world’s first portable cell phone nearly 30 years ago and also the smallest, lightest, and now thinnest phone (at least for a short amount of time).
What do you think? Will Google be releasing any new Galaxy devices with Motorola any time soon? Let us know in the comments below. Anyone craving a Nexus tablet?
Like this post? Share it!