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Old 08-16-2011, 02:11 PM
 
Location: Los Altos Hills, CA
36,641 posts, read 67,257,397 times
Reputation: 21179

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Interesting.

Google Buys Motorola for
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Old 08-16-2011, 02:13 PM
 
2,311 posts, read 3,493,702 times
Reputation: 1223
Quote:
Originally Posted by 18Montclair View Post
Stupid move because of a stupid high premium (almost 50% over market price) paid for it (in what is shaping up to be troubled economic times)..
S&P w/ the swift action :
S&P cuts Google rating to sell - MarketWatch
Price Target : $500 a share ... shares are off 3% on the news.

This was done in order to add some more weapons to the patent war chest.. A wasteful and non-innovative trend started by the lawsuit happy Apple.
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Old 08-16-2011, 02:16 PM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,854 posts, read 10,420,083 times
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And interesting reasons too. Although apart from the litigation aspect, it could be a good change for Motorola, if the Google culture dominates them... and not the other way around!
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Old 08-16-2011, 04:25 PM
 
1,995 posts, read 4,852,895 times
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It's amazing how many startup companies based in California end up becoming so powerful.
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Old 08-16-2011, 07:24 PM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,854 posts, read 10,420,083 times
Reputation: 6670
Quote:
Originally Posted by Caliguy2007 View Post
It's amazing how many startup companies based in California end up becoming so powerful.
It's like the answer that bank robber Willie Sutton gave when asked why he robbed banks, "It's where the money is!" Or in our case, the Venture Capital!
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