Hopefully you can follow along. (Pay attention to "due diligence")
No they didn't. Check your facts before you talk about stuff you don't know about.
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Google to Acquire Motorola Mobility ? Investor Relations ? Google
Google to Acquire Motorola Mobility
Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences
MOUNTAIN VIEW, CA and LIBERTYVILLE, IL – AUGUST 15, 2011 – Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.
The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.
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5 steps to a successful acquisition
5 Steps To A Successful Acquisition
1. Develop an acquisition plan
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2. Broaden the scope of due diligence.
When acquisition of a company is the clear solution, the buyer normally agrees in principle to proceed with the transaction, provided due diligence shows that the reported facts are accurate. This involves examining the financial statements, legal status, inventories, etc., with in-house and outside experts in these areas. The objective is to ensure that every element has been covered.
The due diligence must not only confirm the vendor's good faith but also the soundness of the business, in terms of both its current situation and its development potential. For instance, if the majority of sales are generated by only a few customers, you should confirm that they intend to continue to do business with the company.
Although difficult to do, your due diligence must also take into account changes you intend to make to the company after acquisition. These changes may be essential, but their cost may substantially reduce the return on the capital invested.
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3. Make changes quickly
4. Give human resources a central role
5. Integrate the best of the two cultures
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Droid Bionic Release On Sept 8 Confirmed by Verizon
Finally, the release date of the Droid Bionic has been confirmed.
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(Photo: IBTimes)
Motorola Droid Bionic
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Verizon Wireless, on its Twitter page, announced the release date of Motorola Droid Bionic, saying that the new beast of Motorola Android phone will be unleashed on Sept. 8, as previously rumored by numerous sources.
As I have said,The Motorola Droid Bionic is confirmed to release on September 8th, tweeted @DroidBionic on Friday.
An IBTimes reader wrote a comment to an aritcle on Friday, saying, I went to my Verizon store today and hey allowed me to order the Bionic now. They said it would be shipped to my home on Sept. 8th.
Earlier, Verizon also rolled out a teaser ad Conquer All Machines which also displays 2011.9.8 at the end.