Lenovo to acquire Motorola Mobility
googleblog.blogspot.com
Lenovo to acquire Motorola Mobility
1–10 of 86 posts
Re: Lenovo to acquire Motorola Mobility
#2"Google will retain the vast majority of Motorola’s patents, which we will continue to use to defend the entire Android ecosystem."
Well that settles that question at least.
Re: Lenovo to acquire Motorola Mobility
#3Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion.
We're the patents really worth that much?
Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent troll: couldn't you spend $9 billion on lobbying to end this whole disaster of a patent system forever?
Re: Lenovo to acquire Motorola Mobility
#4Patents are messing up valuations of these companies...
Re: Lenovo to acquire Motorola Mobility
#5Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion. We're the patents really worth that much? Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent…
What happened is not exactly that: https://news.ycombinator.com/item?id=7147251
Re: Lenovo to acquire Motorola Mobility
#6Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion. We're the patents really worth that much? Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent…
$12 billion - $3 billion - ~$2 billion (motorola home) - $3 billion motorola cash - whatever tax incentives over the period of ownership.
They made it out ok.
Re: Lenovo to acquire Motorola Mobility
#7Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion. We're the patents really worth that much? Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent…
That's not really true, though. Motorola Mobility had ~$3B in cash at the acquisition point, and Google immediately sold off the cable box unit to Arris for $2.35B. Add in the ~$3B from this sale, and we are now at a cost of ~$4B. And I believe there were several tax advantages for Google, so it wouldn't surprise me if this whole acquisition only cost around $1B or so (and they keep the patents).
Re: Lenovo to acquire Motorola Mobility
#8May be they need money for the Nest deal (just kidding). Very strange to think of the recent Nest acquisition and this sale! Someone opens my eyes please!
Re: Lenovo to acquire Motorola Mobility
#9Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion. We're the patents really worth that much? Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent…
That's not really true, though. Motorola Mobility had ~$3B in cash at the acquisition point, and Google immediately sold off the cable box unit to Arris for $2.35B. Add in the ~$3B from this sale, and we are now at a cost of ~$4B. And I believe there were several tax advantages for Google, so it wouldn't surprise me if this whole acquisition only cost around $1B or so (and they keep the patents).
Ok, not as bad as I originally calculated. If that money went to lobbying though, it'd be fair to argue that they'd be closer to solving the fundamental issues there are in patent laws vs. acquiring a portfolio of patents that are only a temp. fix.
Re: Lenovo to acquire Motorola Mobility
#10Google lost about ~$9 billion on Motorola (~$12 Billion acquisition and now a ~$3 billion sale). This happened in the span of 2 years. You could throw $100 over your shoulder every second for those two years and that still wouldn't amount to $9 billion. We're the patents really worth that much? Edit: To anyone who uses the recent news about Google being forced to pay a percentage of their AdWords revenue to a patent…
> At $12.5B, Motorola is Google’s largest acquisition to date. Google paid $40 / share in cash, but received ~$11 / share in cash and $8 / share in deferred tax assets. Thus the value ascribed to operations + patents was about $21 / share, or $6.3B, reflecting a multiple of ~0.5x sales and 12x EBITDA. Now adjusting this further for the $2.35B total consideration Google is expected to receive for the Motorola Home business, we get a purchase price of just under $4B for Motorola's handset business and patent portfolio (17K patents and 7.5K patent applications).
http://www.zdnet.com/googles-motorola-purchase-was-it-worth-...