FOX on Tech: Google Buys Motorola Mobility

Google moves away from the web, looking to expand its empire in the mobile phone market.

FOX Business Network’s Dennis Kneale reports in this “FOX on Tech”…

Google making a surprise bid of $12.5 billion for Motorola Mobility, the handset maker.  The two sides agreeing to $40 a share, more than 60% higher than Motorola’s recent price.  Will that prompt archrival Microsoft to bid for a cell phone maker, as well?  Nokia the most likely target, given its new partnership with Microsoft.

No word yet, though, on reaction from two dozen rival cell phone makers that design phones for Google’s own Android software system.  Suddenly, they face new competition from Google, itself.

Dennis Kneale, FOX News Radio.

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