Aug 16, 2011

Google’s Big Bet on the Mobile Future

Maybe in a few years wherever you will look, you are going to see GOOGLE or GOOGLE will be watching you. 

Google made a $12.5 billion bet on Monday that its future — and the future of big Internet companies — lies in mobile computing, and moved aggressively to take on its arch rival Apple in the mobile market. 

The Silicon Valley giant, known for its search engine and Android phone software, rattled the tech world with its announcement that it would acquire Motorola Mobility Holdings, allowing it to get into the business of making cellphones and tablets.
The acquisition, Google’s largest to date and an all-cash deal, would put the company in head-to-head competition with its own business partners, the many phone makers that use Android software, as well as with Apple. 

Go to The New York Times - Breaking News, World News & Multimedia, to read the whole article.

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