*Google to Acquire Motorola Mobility*

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

MOUNTAIN VIEW, Calif. & LIBERTYVILLE, Ill.--(BUSINESS
WIRE<http://www.businesswire.com/>)--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.

“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.”

 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.

*Webcast Information*

Google and Motorola Mobility will hold a conference call with financial
analysts to discuss this announcement today at 8:30am ET. The toll-free
dial-in number for the call is 877-616-4476 (conference ID: 92149124). The
call will also be webcast live at
http://investor.shareholder.com/media/eventdetail.cfm?eventid=101369&CompanyID=ABEA-3VZHGF&e=1&mediaKey=A21887C59EBAAC12F1BCF4D43C080953<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Finvestor.shareholder.com%2Fmedia%2Feventdetail.cfm%3Feventid%3D101369%26CompanyID%3DABEA-3VZHGF%26e%3D1%26mediaKey%3DA21887C59EBAAC12F1BCF4D43C080953&esheet=6829943&lan=en-US&anchor=http%3A%2F%2Finvestor.shareholder.com%2Fmedia%2Feventdetail.cfm%3Feventid%3D101369%26CompanyID%3DABEA-3VZHGF%26e%3D1%26mediaKey%3DA21887C59EBAAC12F1BCF4D43C080953&index=1&md5=939d5ccac8a034937fa3d6f31ba6c1aa>.
The webcast version of the conference call will be available through the
same link following the conference call.

*About Google Inc.*

Google's innovative search technologies connect millions of people around
the world with information every day. Founded in 1998 by Stanford Ph.D.
students Larry Page and Sergey Brin, Google today is a top web property in
all major global markets. Google's targeted advertising program provides
businesses of all sizes with measurable results, while enhancing the overall
web experience for users. Google is headquartered in Silicon Valley with
offices throughout the Americas, Europe and Asia. For more information,
visit 
www.google.com<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.google.com%2F&esheet=6829943&lan=en-US&anchor=www.google.com&index=2&md5=c032eeb026f639568613ac81f4572943>.


*About Motorola Mobility*

Motorola Mobility Holdings, Inc. fuses innovative technology with human
insights to create experiences that simplify, connect and enrich people's
lives. Our portfolio includes converged mobile devices such as smartphones
and tablets; wireless accessories; end-to-end video and data delivery; and
management solutions, including set-tops and data-access devices. For more
information, visit
motorola.com/mobility<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fmotorola.com%2Fmobility&esheet=6829943&lan=en-US&anchor=motorola.com%2Fmobility&index=3&md5=e68fbba69fa7dc009e867ca475e2ee0d>.


*Forward-Looking Statements*

This press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements generally can be
identified by phrases such as Google, Motorola or management of either
company “believes,” “expects,” “anticipates,” “foresees,” “forecasts,”
“estimates” or other words or phrases of similar import. Similarly,
statements herein that describe the proposed transaction, including its
financial impact, and other statements of management’s beliefs, intentions
or goals also are forward-looking statements. It is uncertain whether any of
the events anticipated by the forward-looking statements will transpire or
occur, or if any of them do, what impact they will have on the results of
operations and financial condition of the combined companies or the price of
Google or Motorola stock. These forward-looking statements involve certain
risks and uncertainties that could cause actual results to differ materially
from those indicated in such forward-looking statements, including but not
limited to the ability of the parties to consummate the proposed transaction
and the satisfaction of the conditions precedent to consummation of the
proposed transaction, including the ability to secure regulatory approvals
at all or in a timely manner; the ability of Google to successfully
integrate Motorola’s operations, product lines and technology; the ability
of Google to implement its plans, forecasts and other expectations with
respect to Motorola’s business after the completion of the transaction and
realize additional opportunities for growth and innovation; and the other
risks and important factors contained and identified in Google’s and
Motorola's filings with the Securities and Exchange Commission (the "SEC"),
such as their respective Quarterly Reports on Form 10-Q and Annual Reports
on Form 10-K, any of which could cause actual results to differ materially
from the forward-looking statements. The forward-looking statements included
in this press release are made only as of the date hereof. Neither Google
nor Motorola undertakes any obligation to update the forward-looking
statements to reflect subsequent events or circumstances.

*Additional Information and Where to Find It*

Motorola intends to file with the SEC a proxy statement in connection with
the proposed transaction with Google. The definitive proxy statement will be
sent or given to the stockholders of Motorola and will contain important
information about the proposed transaction and related matters. SECURITY
HOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT BECOMES
AVAILABLE. The proxy statement and other relevant materials (when they
become available), and any other documents filed by Motorola with the SEC,
may be obtained free of charge at the SEC’s website, at
www.sec.gov<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov%2F&esheet=6829943&lan=en-US&anchor=www.sec.gov&index=4&md5=e368211e795ce7fdbf32492f21e7de13>.
In addition, security holders will be able to obtain free copies of the
proxy statement from Motorola by contacting Investor Relations by mail at
Attn: Investor Relations, 600 North U.S. Highway 45, Libertyville, IL 60048.


*Participants in the Solicitation*

Motorola and its directors and executive officers may be deemed to be
participants in the solicitation of proxies from Motorola stockholders in
connection with the proposed transaction. Information about Motorola’s
directors and executive officers is set forth in its proxy statement for its
2011 Annual Meeting of Stockholders, which was filed with the SEC on March
15, 2011, and its Annual Report on Form 10-K for the year ended December 31,
2010, filed on February 18, 2011. These documents are available free of
charge at the SEC’s website at
www.sec.gov<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov%2F&esheet=6829943&lan=en-US&anchor=www.sec.gov&index=5&md5=5dcbc04d33387f3adf2b1a9b2f0f5d70>,
and by mail at Attention: Investor Relations, 600 North U.S. Highway 45,
Libertyville, IL 60048, or by going to Motorola’s Investor Relations page on
its corporate website at
http://investors.motorola.com<http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Finvestors.motorola.com&esheet=6829943&lan=en-US&anchor=http%3A%2F%2Finvestors.motorola.com&index=6&md5=7fdd293e33e237436f9e23d76d2d9c2b>.
Additional information regarding the interests of participants in the
solicitation of proxies in connection with the transaction will be included
in the proxy statement that Motorola intends to file with the SEC.

  Contacts

*For Google:*
Investors:
ir-c...@google.com
or
Media:
pr...@google.com
or
*For Motorola:*
Motorola Mobility Holdings, Inc.
Investors:
Dean Lindroth, +1 (847) 523-2858
dean.lindr...@motorola.com
or
Media:
Motorola Mobility Holdings, Inc.
Jennifer Erickson, +1 (847) 772-1217
jennifer.erick...@motorola.com

  Sumber:
http://www.businesswire.com/news/home/20110815005745/en/Google-Acquire-Motorola-Mobility

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