Feeds

Moto beat Google up by a third in Googorola haggling

Chocolateers unable to contain their lust

Secure remote control for conventional and virtual desktops

Google was so eager to land Motorola Mobility, it raised its offer by 33 per cent over two weeks of negotiations, according to a regulatory filing.

The Chocolate Factory first offered $30 per share to bag the hardware firm's patents, but Motorola, on the advice of their financial guys, were having none of it - and suggested instead that Google should give them $43.50 per share.

Google suggested $37 but got knocked back with a counter offer of $40.50. The sparring companies eventually agreed on $40 per share, which was about 60 per cent more than Motorola's closing share price on the last trading day close before the deal was struck. The agreed price valued Motorola Mobility at $12.5bn.

Google is looking to form Googorola after performing due diligence and gaining regulatory approval for the merger. While the acquisition of Motorola's patents has been an obvious benefit to the deal, observers are somewhat divided on whether or not Google wants to start making its own smartphones.

Suggestions after the deal was announced that Google might pull the rug from under its many Android partners by giving itself the best phones caused jitters in the Androidosphere. However, the behemoth moved swiftly to quell any fears, insisting that the platform would stay open and the move was all about "protecting and supporting the Android ecosystem".

And, just lately, that seems to be the case, with Google giving a friendly helping hand to HTC in the shape of nine patents to sue Apple with. ®

Intelligent flash storage arrays

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Business security measures using SSL
Examines the major types of threats to information security that businesses face today and the techniques for mitigating those threats.