Mobile phones

Yesterday Google announced the acquisition of Motorola Mobility for $40 a share which gives a total of $12.5 billion which represents a premium of 63% over the closing price on August 12. The deal includes Motorola Mobility’s 17,000 patents.

Taiwanese mobile phones manufacturer HTC Corporation announced that it has acquired S3 Graphics, a company specializing in graphics chips, for $300 million to be paid in cash in a deal that should be completed by the end of this year. The actual target of the acquisition are the 235 S3’s patents.