Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 20 December 2012 12:14

Google to sell of Motorola TV set-top business

Written by Peter Scott

$2.35 billion

Motorola Mobility’s TV set-top business is up for grabs. Google is selling the business for $2.35 billion to Arris Group, a small internet equipment provider that hopes to make it big in video delivery.

Investors seem thrilled and Arris’ stock shot up by 17 percent after the deal was announced. Google will also benefit from the deal, as it will shave off some of Motorola Mobility’s value. Google acquired Motorola Mobility for its portfolio of more than 17,000 patents, but Google was never too keen on set-top boxes.

There is a slight problem though. TiVo is seeking billions in damages from Moto, alleging that its set-top boxes infringed on its patents. To sweeten the deal, Google agreed to cover most of the bill for any damages TiVo might win in the case.

Google will receive $2.05 billion in cash and $300 million worth of Arris stock. The deal should be finalized by the end of June.

More here.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments