RSS

VIDEO 8/15/11: GOOGLE BUYS MOTOROLA MOBILITY, DOES THIS MEAN MORE LAYOFFS?

15 Aug

GOOGLE announced today, they will buy Motorola Mobility for $12.5 Billion dollars. It means they are certain to become a strong competitor to Apple and others in the playing field. Hopefully this move will offer consumers more choices, and better pricing.  Once the story went public, stocks shot up by 56%.

This purchase would be the largest acquisition by Google in their history, and many believe is a sure sign they will expand well beyond the Internet business. 

Googlerola?  Will this be the new name?  Does this mean more layoffs?  Typically they occur during acquisitions, let’s hope not. Or it will not be great news for the employees or the economy.

CHICAGO REAL ESTATE NEWS

 
Leave a comment

Posted by on August 15, 2011 in HEADLINE NEWS

 

Tags: , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: