Google has purchased Motorola Mobility, a company that makes many of the phones its Android operating system runs on, for $ 12.5 billion — a 63% premium on its current share price.
The acquisition, Google said in a a statement, “will enable Google to supercharge the Androidd ecosystem.” The company will continue to be run as a separate business.
Buying a hardware company is an unusual move for Google.
Reas More at Google Blog