All Posts Tagged Tag: ‘Arris’

Google Sells Off Motorola Home For $2.35 Billion

Broadband technology company Arris Group announced today that it has acquired Motorola Home from Google. Motorola Home is Motorola Mobility’s set-top box division, and Motorola Mobility was bought by Google back in May 2012 for $12.5 billion. The transaction will net Google $2.05 billion in cash and $300 million in newly issues Arris stock, which represents a 15.7.% ownership stake …

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