Washington: To further revolutionise the mobile computing, Google completed its $12.5 billion purchase of Motorola Mobility.
Google announced nine months ago it would expand its hardware business with the most expensive acquisition in its 14-year history.
Since 2005, Motorola has not produced anything that could hit mass market when it introduced Razr cellphone. According to Gartner, the company now ranks eighth with two per cent of the worldwide market share.
“It’s why I’m excited to announce today that our Motorola Mobility deal has closed. Motorola is a great American tech company that has driven the mobile revolution, with a track record of over 80 years of innovation, including the creation of the first cell phone,” Google CEO Larry Page said in a statement.
Page named Dennis Woodside, 43, as Motorola’s CEO in place of Sanjay Jha, 49.
Mr Woodside has background in online advertising, but now he oversees a company that specialises in making smartphones, tablet computers and cable-TV boxes, AP reported.
“It’s a bit concerning because online advertising is quite different than the hardware business,” Gartner analyst Carolina Milanesi said. “Google is so focused on advertising that it doesn’t consider that kind of thing.”
Google depends on digital ads for 96 percent of its revenue, which totalled $38 billion last year. Page praised Woodside in a statement as an outstanding leader who has “been phenomenal at building teams and delivering on some of Google’s biggest bets.”
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription