Motorola Mobility added to Google's Circle
Big news on a Monday: Google is buying Motorola Mobility for $12.5 billion -- a 63 percent premium over Motorola's stock price.
Google CEO Larry Page laid out some of the rationale for Google buying the handset maker, which makes cellphones tied to Google's Android platform, in a company blog post this morning.
Already, bloggers and tech journos are slicing and dicing the deal for meaning.
* Business Insider makes the point that with Google owning a hardware maker now, it's competing head-to-head moreso than ever with Apple.
* Larry Dignan over at ZDNet's Between the Lines blog gives six reasons why the deal makes sense. Among them: Google is getting tons of patents for wireless via Motorola, and patents help you ward off lawsuits. Also: mobility is the future of computing and Google needs to better integrate the hardware/software experience for Android.
* Here's the Wall Street Journal's straight-news take on the deal.
* So is Google now a "mobile company"? New York Times' DealBook discusses.
* Engadget's post is worth checking out, if only for the Photoshopped Google hearts Motorola graphic.
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