Tuesday, August 16, 2011

Google to acquire Motorola Mobility

Google said on Monday that it has agreed to acquire Motorola Mobility, the cellphone handset maker, for $12.5 billion.The acquisition is the company's largest, and would turn Google, which makes the Android mobile operating system, into a full-fledged cellphone manufacturer in direct competition with Apple.It is certain to attract significant antitrust scrutiny. The Federal Trade