Thursday, July 26, 2012

Google SEC Filing Details Why It Paid $12.4 Billion For Motorola

motorola_mobilityIn an SEC filing, Google spelled out why it paid $12.4 billion for hardware maker Motorola Mobility, in a deal that closed in May. $5.5 billion of the total price was for intellectual property, specifically "patents and developed technology." Another $2.9 billion was attributed to cash acquired, $2.6 billion was for "goodwill," $730 million for customer relationships and $670 million was for "other net assets acquired." And in case you're wondering, Google says that goodwill is "primarily attributed to the synergies expected to arise after the acquisition." Yep, they said synergies.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9A0fguOA29M/

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