After Google Inc. (GOOG) announced plans to acquire Motorola Mobility Holdings Inc. (MMI) for $12.5 billion, executives from both companies jumped on a call with investors to offer more details about the pending transaction.
Marking his first major acquisition since taking the reins at Google, CEO Larry Page talked about the major strides the Android operating system has made since he first met Andy Rubin, now SVP of mobile at Google, in 2005.
“That was just six years ago and Android is one of the leading platforms in the industry,” Page said. He also applauded Motorola for making an early and decisive bet on Android in 2008 as a founding member of the Open Handset Alliance and one of the first licensees of the fledgling platform at the time.
Read the rest of this story at RCR Wireless News Silicon Valley.
Google and Motorola shed some light on post-acquisition plans
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