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Google sells Motorola Home for $2.35bn

  • Dec 20, 2012
  • by
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+5
Google has agreed to sell the set-top box business of its subsidiary Motorola for $2.35bn .The deal to sell Motorola Home has been agreed with US firm Arris, in which Google will take a 15.7% stake.Google had been widely expected to sell the business, which it bought in May this year as part of its $12.5bn takeover of Motorola.Since then it has focused on revamping Motorola's loss-making mobile handset business.Read more news at : http://tinyurl.com/cm6j4eg
Google sells Motorola Home for $2.35bn

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