Google to Acquire Motorola for $12.5 Billion

Written by Gradly on . Posted in Acquisition, blog, google, Mobile, News

Google and Motorola Mobility have just announced an agreement whereby Google will acquire Motorola for $12.5 billion (or $40 per share).

The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Full press release below:
Google to Acquire Motorola Mobility

Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences

MOUNTAIN VIEW, Calif. & LIBERTYVILLE, Ill.–(BUSINESS WIRE)–Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.

“Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Larry Page, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”

Andy Rubin, Senior Vice President of Mobile at Google, said, “We expect that this combination will enable us to break new ground for the Android ecosystem. However, our vision for Android is unchanged and Google remains firmly committed to Android as an open platform and a vibrant open source community. We will continue to work with all of our valued Android partners to develop and distribute innovative Android-powered devices.”

The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the US, the European Union and other jurisdictions, and the approval of Motorola Mobility’s stockholders. The transaction is expected to close by the end of 2011 or early 2012.

Mobile Gaming is Dominating the Gaming Industry

Written by Gradly on . Posted in Apple, blog, Consoles, Games, Infographic, iPad, Mobile

We know that mobile devices such as iPad have become prominent devices for entertainment and gaming and are actually dominating the Game industry. John Riccitiello, the Electronic Arts CEO told IndustryGamers yesterday and this what he had to say about the matter:

Consoles used to be 80% of the industry as recently as 2000. Consoles today are 40% of the game industry, so what do we really have? I think that the pattern against which Nintendo is no longer resonating is over anyway. We have a new hardware platform and we’re putting out software every 90 days. Our fastest growing platform is the iPad right now and that didn’t exist 18 months ago.

The industry is undergoing a titanic shift, factors like the ease of publishing to the App Store, the extremely low cost to become a developer, the growth of free games and the rise of the female gamer (53% of mobile gamers are female) are rewriting the rules and making millionaires overnight.

Here is an in depth look infographic at the numbers and stats behind the game industry. pause your game for few minutes to take a look.

[via geekaphone]

800 out of 10,000 Android Apps Leak Private Information

Written by Gradly on . Posted in Android, blog, google, Mobile, News, Rants & Raves

Android has had its fair share of malware problems. Whenever malware are detected, Google reacts swiftly and remove them. However, according to a report from Digitizor, security researcher Neil Daswani, around 8% of the apps on the Android market are leaking private user data.

Neil Daswani, who is also the CTO of security firm Dasient, says that they have studied around 10,000 Android apps and have found that 800 of them are leaking private information of the user to an unauthorized server. Neil Daswani is scheduled to present the full findings at the Black Hat Conference in Las Vegas which starts on July 30th.

This malware problem on Android has become too much. One of the main reason that we see malicious apps in the market is because of the lack of regulation in the apps that get into the Android Market.

Sure, the lack of regulation can be good. It means that developers can make their apps without worrying if Google will accept their apps or not. It fits into the pre-existing application distribution model where anyone can develop and publish their own apps.

I think that it is time that Google make approval of the apps a requirement before it gets into the Market. They do not need to do it like Apple, but a basic security check before an app gets on the market will be nice.

Apple Begins Test Production Of A6 Processor with TSMC

Written by Gradly on . Posted in Apple, blog, iPad, iPhone, Mobile, News, Rants & Raves, Rumors, Samsung, Tech.

Citing a source with knowledge of the matter, Apple and Taiwan-based TSMC have begun manufacturing test of Apple’s next-generation A6 processor. The fact that Apple is working with TSMC on this may serve as a sign that Apple is shifting from its traditional chip supplier, Samsung Electronics.

Currently, Samsung is the sole supplier of the A5 chips used in the iPad 2, but Apple has hinted it is keen to diversify away from the Korean company. The two are battling a legal dispute over patents, and Samsung has also emerged as Apple’s toughest competitor in the smartphone and tablet market.

It’s currently not finalized that TSMC will produce the new chip for Apple. but the test run is said to be authorized. It’s also expected that Samsung will lower prices and fight to retain Apple’s business in manufacturing the A6.

“It has to redesign the chipset, which Samsung has been deeply involved from the beginning and has some intellectual property. Apple could try various suppliers but they (Samsung and Apple) need each other and the relationship will continue.”

The A5 chip is designed by the California company and analysts say it is based on British chip designer ARM Holdings technology. Details of Apple’s technology are hard to come by though given its obsession with secrecy.

The A6 will likely debut next year as part of 3rd generation iPad, as the current trend is for Apple to place new technology in the iPad first, then shrink and optimize it later for use in the iPhone.

The A6 will reportedly use a new 28-nanometer process, making it smaller and more power efficient, and could be powerful enough to use inside future Macs, such as future models of the MacBook Air which is a strong possibility.

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