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Motorola’s PA plant: key to Google’s video takeover?

Tuesday, August 16, 2011

Google Inc. boss Larry Page says his company has agreed to pay $12.5 billion for Motorola Mobility, mostly to gain control of patents that would help defend its Android smartphones from rival Apple and its iPhones.

From Wall St. to Silicon Valley, a lot of telecom-watchers are buying that line. “Google’s primary objective is to acquire Motorola’s sizeable patent portfolio,” Raymond James & Assocs. analyst Todd Koffman told clients in a report today.

Read the article here.