Motorola Posts

Motorola Buys $1.17 Billion Of Stock Back From Carl Icahn


Motorola Solutions Inc. split in two about a year ago after Carl Icahn pressured the company. Motorola bought $1.17 billion of its stock from Icahn and said that his representative on the board is stepping down. The repurchase represents about 7% of shares outstanding. It is part of a $3 billion buyback program said Motorola Solutions. Icahn Enterprises G.P. Inc. director Vincent J. Intrieri has resigned from the board.
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Apple Files Complaint With EU Accusing Motorola Of Violating Fair Terms On Patents


Motorola Mobility said that Apple has filed a complaint with the European Union against them accusing the company of violating a pledge to license industry-standard patents on fair terms. Motorola was notified about the complaint by the European Commission. However Motorola Mobility spokeswoman Jennifer Erickson said that the company is willing to negotiate a patent license with Apple.
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Google Receives Approval To Buy Motorola


Google’s $12.5 billion acquisition of Motorola Mobility has been approved. However the U.S. and European Union government said that they will be ensuring that patents critical to the telecom industry would not be abused.
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Google’s Acquisition Of Motorola Expected To Close Next Week


The Wall Street Journal is reporting that Google’s acquisition of Motorola Mobility is expected to close next week. This deal is just pending approval from the Justice Department. Google will gain access to 17,000 additional patents through the acquisition, which is already being used to sue Apple for 2.25% of sales royalties.
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Google Android Update Alliance With Telecommunication Companies Starts To Fizzle


This past May Google Inc. (NASDAQ:GOOG) announced a partnership at the I/O conference that they have made a deal so that any new Android phone would receive OS updates for at least 18 months following the launch. The partnership is called the Google Update Alliance. Motorola, Samsung, Sprint, T-Mobile, Verizon, and Sony Ericsson are a part of the Update Alliance. Sony Ericsson is the only company that has kept up with the partnership. In fact Sony Ericsson released new versions of Android to all phones that are less than 18 months.
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Droid 4 Specs and Images Leaked And Reportedly Launching December 8 On Verizon


The images and technical specifications of the Motorola Droid 4 will be available on the Verizon 4G LTE network. The Droid 4 is expected to be released on December 8th. Droid 4 has a 1.2 GHz dual-core processor, 1GB RAM, 4-inch screen, and slide-out QWERTY keyboard. [Droid-Life]

Motorola Mobility Wins Formal Injunction Against Apple In Germany, But Apple Says It Is Not Significant


Apple Inc. (NASDAQ:AAPL) is in the midst of a patent war with Motorola Mobility, a company that Google Inc. (NASDAQ:GOOG) announced that they would be acquiring. Through the acquisition, Google gets access to 17,000 Motorola patents. Using those patents, Motorola won an injunction against Apple in Germany. However this judgment does not mean that Apple will be stopped from selling their products in Germany. This is because the lawsuit took aim at Apple Inc. as a whole rather than their local subsidiary in that region.
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Jobs Lost Through Google Acquisition Will Likely Cost Motorola About $31 Million


As Google Inc. (NASDAQ:GOOG) prepares to acquire Motorola Mobility, the telecommunications company is going to dispose of about 800 jobs. This will cost Motorola $27 million pretax in severance and $4 million pretax in facility closures according to a regulatory filing. Google is spending $12.5 billion to buy-out Motorola Mobility.
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