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» (CXDC, CRWE, MMI, ASTI) PennyOmega.com Stock Report from Wall Street | MMI - Motorola Mobility Holdings Inc (NYSE)
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MMI, Motorola Mobility Holdings, Inc.
Google and MMI reported 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. The acquisition of MMI will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. MMI fuses innovative technology with human insights to create experiences that simplify, connect and enrich people's lives. MMI's portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices.
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