15
Aug
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Google has just announced that it has entered into an agreement to acquire Motorola Mobility for $12.5 billion. The search giant will be paying $40 per share, a premium of 63% from the closing price of Motorola's shares from last Friday. The actual acquisition is expected to take place in late 2011 or early 2012 pending regulatory approvals.

A partnership between the developer of the Android platform and a top 3 Android device manufacturer is likely to light a fire beneath the likes of Samsung, HTC, LG, and other Android partners.

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