Ever since Google announced it would acquire Motorola Mobility last year there have been questions about what it would do with the company's large internet and TV set-top box business, and now that question has been answered: it's selling Motorola Home to Arris for $2.35 billion in cash and stock. Another maker of cable boxes and modems, Arris says the acquisition will both increase its product offering, and increase its patent portfolio thanks to a license to "a wide array" of Motorola Mobility patents. The transaction has been approved by the boards of both companies, and they expect the deal to close in Q2 2013.
The potential of slipping Android / Google TV into the cable box business through the back door was a tantalizing, but unfortunately probably not a dream shared by the operators that are Motorola's customers. Naturally, Google will be hanging onto the mobile device business and related patent library that spurred the $12.5 billion acquisition in the first place. We'll be hopping on a conference call to find out any more details in a moment, check out the press release after the break. Now, who holds the rights to that Motorola home automation tablet?
Continue reading Google sells Motorola Home cable and internet box business to Arris for $2.35 billion
Filed under: Home Entertainment, HD, Google
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