Google-owned Motorola Mobility is shedding its manufacturing operations in Tianjin, China, and Jaguariuna, Brazil — with long-time manufacturing partner Flextronics agreeing to acquire the factories and take on management and operation. The pair said employees and assets at both locations will transfer to Flextronics after the transaction closes — expected to complete by H1 next year. → Read More
In a court filing this week spotted by Bloomberg, Apple indicated that it is “interested in resolving its dispute with Motorola completely and agrees that arbitration may be the best vehicle to resolve the parties’ dispute.” Motorola Mobility had discussed the possibility of arbitration back on November 5, when a federal judge tossed a case Apple had filed saying Motorola was abusing… → Read More
Verizon has officially announced the release of the Droid Razr HD and Droid Razr Maxx HD on October 18. That’s a Thursday. → Read More
With Google’s $12.5 billion acquisition of Motorola Mobility closing in May, Google is now moving ahead on getting its new property in order. The New York Times is reporting that Google is preparing lay off 20 percent of the staff, or 4,000 jobs, and close one-third of its 94 worldwide offices – notifications of which will start to get sent out to employees beginning today (Monday), TechCrunch… → Read More
As we reported would happen yesterday, Google has today announced that it has closed its acquisition of Motorola Mobility, buying the Illinois-based device maker for $40 per share in cash for a total of $12.5 billion.
As widely expected, Sanjay Jha is stepping down as CEO and Dennis Woodside, Google’s former Americas head, will take the helm at Motorola Mobility, which will be operated as a… → Read More
With Google’s purchase of Motorola nearing completion, some anonymous sources close to the situation have revealed that a management shakeup is in the works too. According to a new report from Bloomberg, Motorola CEO Sanjay Jha will be replaced by veteran Googler Dennis Woodside when the deal comes to a close. → Read More
While Google waits for the United States Department of Justice to sign off on their proposal to merge with handset maker Motorola Mobility, the European Commission has officially given the deal their approval.
The decision is a welcome one for the folks in Mountain View, as the European Commission initially showed some hesitance about the matter. When first tasked with reviewing the $12.5… → Read More
Motorola Mobility released their fourth quarter and year-end financials today, and now we can see why they made it a point earlier this month to downplay analyst expectations. The company’s new figures reveal that while Motorola raked in $3.4 billion in Q4 2011, they also incurred a net loss of $80 million. → Read More
Shaker’s certainly been keeping busy ever since they won our Disrupt competition back in September — not only did they win our $50,000 check, the team also closed a $15 million Series A funding round led by Shervin Pishevar of Menlo Ventures not long afterward. Now it looks like Motorola Mobility Ventures is looking to get in on the action as well, as they have recently invested in the Israeli… → Read More
Motorola Mobility this morning announced that it has set a record date and a meeting date for its stockholders to vote upon a proposal to adopt the previously announced merger agreement with Google, which proposed to acquire the smartphone and set-top boxes maker for $12.5 billion (or $40 per share) in cash last August.
Motorola Mobility stockholders at the close of business on Tuesday, October… → Read More
In an interview with the Wall Street Journal, Sony Ericsson President and CEO Bert Nordberg made a number of interesting statements about the iPhone, Android, Windows Phone and Motorola.
Defending the decision to pick Android as the choice operating system for its mobile handsets, Nordberg posits that it was ‘the best choice they could have made’ considering its rapid growth, but also… → Read More
Google‘s stock price isn’t really going anywhere yet, while the market digests the news that the company is to acquire Motorola Mobility for $12.5 billion in cash (it dropped about 2 percent on market open but actually topped Friday close level for a while afterwards).
Motorola Mobility shares, meanwhile, soared close to 60 percent to $38.30. Google’s offer price is $40 a share, a 63 percent… → Read More
Google just announced that it is acquiring Motorola Mobility. The search and online advertising company is buying the company for approximately $12.5 billion (or $40 per share), in cash. The price represents a premium of 63 percent to the closing price of Motorola Mobility shares last Friday. Google had about $39 billion in cash at last count.
Here’s the other important part of the PR (the… → Read More
Motorola Mobility this morning announced that it has acquired network operations management software maker SunUp Digital Systems. Financial terms of the deal were not disclosed.
Founded in 1992 and based in Santa Clara, California, SunUp develops operating software for IPTV, DTH, Digital Cable, and content distribution networks. → Read More
Motorola Mobility has acquired Dreampark, a Swedish IPTV software provider. Terms of the deal were not disclosed. Motorola says it expects the acquisition to close in the second quarter.
Dreampark is the company behind Dreamgallery, a software suite for operators aiming at providing services over TV networks. → Read More
Motorola Mobility has acquired Dreampark, a Swedish IPTV software provider. Terms of the deal were not disclosed. Motorola says it expects the acquisition to close in the second quarter.
Dreampark is the company behind Dreamgallery, a software suite for operators aiming at providing services over TV networks. → Read More
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