The Raw Data

Wednesday, January 29, 2014

Google Sells Motorola

Due to decreasing income, Google was ensued to lose. Therefore, the company Motorola had to be sold as a result of their low sales.

Google has sold the company at 2.9 billion dollars, considering it's what the population uses, for the least part. The cause for this is Motorola's loss ever since Google took over, (and even before that) being at more than $20 billion dollars, even after production line workers shortage from 20,000 to 3,200. The deal, announced on Wednesday, explained that the brand had been a hassle and they had misused $12.4 billion on the purchase of 2012. 

The main reason for Google unnecessary acquisition was taking over the 20,000+ patents Google is managing now, and have legal right to apply Android to their devices, including smartphones, tablets, and other products. The services of the under-technological gadgets Motorola was producing just wasn't useful. The company was at downfall before Google's purchase, though it was valued at $5.5 billion. Now the real question is: Will this fate await other recent Google purchases?



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