Google Pushes Mobile Cloud Industry, Acquires Motorola Mobility For $12.5 Billion In Cash Aug 15, 2011 (Reuters) – Google Inc (GOOG.O) said it will buy Motorola Mobility Holdings Inc (MMI.N) for about $12.5 billion in cash in a move to bolster the adoption of its Android mobile phone software. Google said it would pay $40 per share, a 63 percent premium to Motorola Mobility’s Friday close on the New York Stock Exchange. Motorola Mobility shares jumped 59 percent in premarket trade on Monday. Google, maker of the Android mobile phone operating system software, has been forging ahead in the smartphone
Android software
Apple Set to Unveil iCloud Services Apple is set to unveil its new cloud service iCloud that is designed to improve how users can access content across different Apple devices. iCloud from Apple is expected to retain the company’s dominance in the smartphone and tablet markets and avoid customers to buy mobile devices from the competitors, according to Adam Satariano from bloomberg.com. It seems Apple is taking competition from devices powered by Google Inc. (GOOG)’s Android software very seriously. Recently, both Google and Amazon.com launched cloud music services that allow users to upload songs to remote servers and access them
