U.S. technology giant Google officially completed its $12.5 billion purchase of U.S. telecommunication company Motorola Mobility. It’s a watershed moment for the company, making both its biggest acquisition ever and Google’s transition from a search-and-software company to a consumer gadgets market.
Buying Motorola gives Google the ability to control both hardware and software, by making its own integrated smartphones and other devices. With the deal, Google is expected to come up with an equivalent of Apple Tv, Roku, and tablets.
Motorola said that the company’s aim is to focus on its remarkable talent on fewer, bigger bets, and create wonderful devices that are used by people around the world.
On October 27, 2011, Google bought a restaurant review and guide source Zagat that had been pinpointed at $151 million in cash.