Google CEO Larry Page explains reasoning behind Motorola acquisition
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In a post penned by Larry Page on Google’s company blog, the CEO explains why Google decided to shell out $12.5 billion to purchase smartphone vendor Motorola Mobility. While Page had plenty to say about Motorola’s extensive history and its leading role in Android’s explosive growth, he also points to what many believe to be one of the leading factors behind the deal: patents. “We recently explained how companies including Microsoft and Apple are banding together in anti-competitive patent attacks on Android,” the CEO wrote on Google’s blog. “The U.S. Department of Justice had to intervene in the results of one recent patent auction to ‘protect competition and innovation in the open source s... »read more
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