from the didn't-see-that-coming dept.
zacharye writes "Google and Motorola Mobility have announced an agreement whereby Google will acquire Motorola for $12.5 billion. The acquisition price equates to $40 per share of Motorola stock, or a premium of 63% over Friday's closing price. The move is considered to be an effort that will better-align Google to compete with Apple's iPhone, which currently owns two-thirds of profits among the world's top-8 smartphone vendors..."
That's one way to stop royalty payments.
"Summit meetings tend to be like panda matings. The expectations are always
high, and the results usually disappointing."
-- Robert Orben