Google to acquire Motorola Mobility for $12.5 billion.:Live Conference Call

Listn Here the Conference Call

Press Release :

Google to Acquire Motorola Mobility

Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences

MOUNTAIN VIEW, CA and LIBERTYVILLE, IL – AUGUST 15, 2011 – Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced 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, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.

The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Larry Page​, CEO of Google, said, “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.”

Sanjay Jha, CEO of Motorola Mobility, said, “This transaction offers significant value for Motorola Mobility’s stockholders and provides compelling new opportunities for our employees, customers, and partners around the world. We have shared a productive partnership with Google to advance the Android platform, and now through this combination we will be able to do even more to innovate and deliver outstanding mobility solutions across our mobile devices and home businesses.”

Andy Rubin​, Senior Vice President of Mobile at Google, said, “We expect that this combination will enable us to break new ground for the Android ecosystem. However, our vision for Android is unchanged and Google remains firmly committed to Android as an open platform and a vibrant open source community. We will continue to work with all of our valued Android partners to develop and distribute innovative Android-powered devices.”

The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the US, the European Union and other jurisdictions, and the approval of Motorola Mobility’s stockholders. The transaction is expected to close by the end of 2011 or early 2012.

Website Publishing tool for Naive Users : Simple Drag and Drop Interface

Muse (codename) is a new technology under development at Adobe that enables graphic designers to design and publish professional, dynamic HTML/CSS websites without writing code. If you’re interested in using a familiar, free-form design tool to deliver websites for yourself or your clients we’d love to invite you to participate in our private pre-release program where you can help us test and refine this new technology by putting it through its paces.
 

Gmail’s New Sign-in Page: Preview it

 

Google is redesigning Sign-in page for Gmail and for other products Google Docs and YouTube services, this is part of redesign of Google products with launch of Google+. If you land into Gmail homepage you’ll find a link(like the above image) at the bottom to preview Gmail’s new sign-in page. Once you click it, you’ll be switched to new sign-in page and it will become your default sign-in page across all Google products that currently have new design enabled. 

You can also switch back to old page by clicking “Back to old page” option at the bottom. If you switch the browsers, the old page might come up again. These design changes shouldn’t affect your bookmarks,  they’ll work same as before at the same URL.