Eric Schmidt: Google Aquired Motorola For More Than Just Patents
When Google announced the deal with Motorola that went for $12.5 billion, a general idea about the facts was created that Mountain View made this decision having Motorola’s strong patent portfolio in mind. After all, the phone maker holds more than 25,000 issues and pending patents, even if some analysts considered this as being a totally wrong move.
Speaking at Salesforce.com Dreamforce conference, Google Executive Chairman and former CEO Eric Schmidt made it clear that the deal wasn’t just about the patents. “We actually believe that the Motorola team has some amazing products coming”, he said, continuing that “We’re excited to have the product line, to use the Motorola brand, the product architecture, the engineers.
Either way, regardless of what Google had in mind, the company has now access to both Motorola intellectual property as well as a vast hardware manufacturing and innovation experience that will definitely be exploited to the maximum.