Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

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