The Internet giant Google has made its greatest purchase, which will provide a powerful springboard for competition in the mobile market with Apple. Yesterday, he agreed on the acquisition of American smartphone maker Motorola Mobility.
The amount of the transaction approved by the boards of Directors of both companies amounted to $12.5 billion Google agreed to pay $40 for each share of Motorola Mobility, which is about 63% more than the market price at the close of trading on Friday.
The deal is expected to be completed by the end of 2011 But before that she needs to be approved by the shareholders of Motorola Mobility, as well as regulators in the US, the EU and other countries. After completing the transaction, the Android system will remain open for third-party companies, Motorola Mobility will continue to operate as a separate division of Google.