Google Sells Motorola Home For $2.3B

The Verge, Thursday, December 20, 2012 1:30 PM
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After acquiring Motorola Home earlier this year, Google this week said it sold the unit to the Arris Group for $2.35 billion in cash and stock. “Motorola Home produces set top boxes that are sold to cable providers who then lease them out to end users,” according to The Verge. “Google has been shopping around the Home side of Motorola for quite some time, with Arris and Pace Plc both considered to be front-runners for the purchase.”

 

 

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