Motorola Mobility Puns

Many have expressed belief that Google will buyout MVIS. Thought I’d share this case study about their largest acquisition ever.

NOTE: The quotes from the article below are not necessarily in the order that author used. They are direct quotes, but I moved them around so that a summarized version made more sense. Full article posted at bottom.

“In 2011, Google managed to buy Motorola at a share price of $40 per share.”

“Before the acquisition, took place, Google wanted to buy Motorola for a high-$20s, low-$30s per share, they made their first bid on the 1st of August, where they offered $30 per share, after 10 days from making the initial bid, Google made 2 more bids, the second bid was for the price of $37 and the final bid was for $40.”

“It all started n July, when Sanjay Jha, said that it would be hard for Motorola to stay alone as an entity if it sold a large amount of patents. This promoted Google to buy Motorola Mobility, so they requested to buy the company for the price of $30 per share in cash, since Motorola has almost 299 million shares, the total bid equated to $9 Billion in Cash. However, Motorola used Quatalyst partners (Investment Bankers) to make contact with Google in August Whereas they suggested that Google should pay the amount of $43.5 per share (New York times), that’s when Google increased the bid up to $37 per share, which was later declined by both Motorola and Quatalyst partners, but Google still had a chance, as they replied with an offer of $40.5 per share or higher.” Google made the offer of $40.00 per share, or $11.96 billion. With the addition of options the total amount reached up to $12.5 billion in Cash, which was finally agreed to by Motorola Mobility.”

“For Motorola to get $12.5 billion for the company would be a great thing, as its is 63% premium over the share price.”

“The main reason behind the Google’s acquisition of Motorola Mobility was the 17,000 portfolio of patents owned by Motorola mobility plus 7000 pending patent applications, which are mostly related to the mobile technologies. Before Google actually bough Motorola, they had lost around 6,000 patents that belonged to Nortel.”

Full Article: https://www.mbaknol.com/management-case-studies/case-study-googles-acquisition-of-motorola-mobility/