By Michael Liedtke – The cash-and-stock deal announced late Wednesday (Dec 19) will turn over Motorola‘s set-top division to Arris Group Inc., a relatively small provider of high-speed Internet equipment that is looking to become a bigger player in the delivery of video. Investors applauded the move, driving up Arris’ stock by nearly 17 percent.
Google‘s decision to jettison the set-top boxes comes seven months after the Mountain View, Calif., company took control of Motorola Mobility Holdings in a $12.4 billion purchase. more> http://tinyurl.com/cb7rsb3
- Google hands over Motorola’s factories in China and Brazil to Flextronics (androidauthority.com)
- Motorola to shut down South Korea operations next year (thedroidguy.com)
- Google Can’t Block Sales of Microsoft Products, U.S. Judge Rules – Bloomberg (bloomberg.com)