Google Acquires Motorola Mobility

Google aquires motorolaGoogle Inc. and Motorola Mobility Holdings Inc.  today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.

The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Larry Page, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”

So not only are Google getting 1000 patents from IBM, they are getting 17500 with this deal frm Motorola, not to mention another 7500 pending patents! Its a sad sad day for patent trolls(read Apple).

Another thing is Motorola has more patents than Nokia and Nortel put together. Microsoft, Apple, Sony and Ericsson out bid Google for the Nortel patents, now Google has passed them all. They should be sitting on over 26000 patents by the end of this year.

Apple’s new target: GetJar

evil-apple-skullIt’s been merely two days since Apple lost the suit to block Amazon appstore, and now they have issued a ‘cease & desist’ letter to GetJar, a web-based marketplace that serves apps for Android, Blackberry and Nokia phones.

In the letter, Apple’s lawyers take aim at GetJar’s claim, specifically the use of the term “App Store.” Apple asserts that those two words relate to its own mobile application service, and that GetJar should not be using them to talk about its own.

In a statement provided to Mashable, GetJar’s CEO Ilja Laurs said Apple’s cease-and-desist letter was a “surprise.”

“GetJar has been in the business of offering apps to consumers since 2005, well before Apple, and helped to pioneer the model that the general public understands as an app store today,” Laurs said. “We have built a strong, global and growing business around this model, and plan to continue to use the phrase ‘app store’ to describe what we do.”

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Airtel Money launched in Gurgaon

India’s first mobile wallet service by a telecom operator- Airtel Money is now launched in the city of Gurgaon.

Announcing the launch of the service, Mr. Atul Bindal, President – Mobile Services, Bharti airtel said:

The mobile phone is fast emerging as a device that enables our lives in more than many ways. Taking this a step further, we are proud to launch airtel money as a first-of-its-kind service from a telecom operator, that transforms the mobile phone into a secure and convenient wallet which customers can use to load money and use it for shopping and making payments. We see a huge potential for mCommerce services in India and are confident that the launch of airtel money will facilitate a paradigm shift in the way consumers transact.

In 2010, Bharti airtel was granted the license to use the Semi Closed Wallet by the Reserve Bank of India. The company has designed a secure and robust backend system to offer India’s first mobile wallet service by a telecom operator – airtel money - as a safe, convenient and user friendly medium for customers to make payments.

To know more about airtel money, customers can dial 12121 (toll free) from their airtel mobile phones and get started. For more information, non-airtel mobile customers can dial 8800012121 or simply visit www.airtelmoney.in

10 things you might not know about Nokia

So i stumbled upon the Nseries Blog today and found one interesting post there. Thought of sharing with you guys.

1. The name Nokia comes from the river ‘Nokianvirta’ which flows through the town ‘Nokia’ in the region of Pirkanmaa.

Nokianvirta

2. Before focusing on telecommunications products, Nokia produced tyres, rubber boots and televisions, amongst others products!

Nokia Rubber boots

3. The Nokia theme tune was originally composed by Francisco Tarrega, an influential Spanish composer and guitarist of the Romantic period.

Francesco Tarrega

4. The ‘special’ tone on Nokia phones when receiving SMS messages is actually Morse code for ‘SMS’.

SMS

5. The world’s first GSM call was made in 1991 in Helsinki over a Nokia-supplied network, by then Prime Minister of Finland, Harri Holkeri, using a Nokia phone.

Harri Holkeri

6. A pulse analyser, designed in 1962, was the first electronic device produced by Nokiapulse analyser

7. Nokia’s first handheld mobile phone was the Mobira Talkman, launched in 1984. Its price was approximately €4,560 (in today’s money).

Mobira talkman

8. Nokia’s first touch screen phone was the Nokia 7710, launched in 2004.Nokia 7710

9. In May 2007, Nokia’s 1100 handset was the best-selling mobile phone of all time and the world’s top-selling consumer electronics product.

Nokia 1100

10. The Nokia N70, N90 and N91 were released simultaneously and were the first Nseries devices ever launched.

Nseries