Google to Acquire Motorola’s handset business for $12.5 Billion
Google and smartphone vendor Motorola Mobility have entered an agreement where the search giant will acquire the mobile maker for $12.5 billion, formally announcing the beginning of Google’s official entry into the smartphone market as a vendor. Announcing the deal on its official blog, Google CEO Larry Page details its phenomenal success with its Android operating system, noting that more than 150 million Android devices have been activated worldwide, with over 550,000 devices activated each day....