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Google sells Motorola Mobility Home, the set-top box division for $2.35 billion to Arris

Posted: , by Victor H.

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Google sells Motorola Mobility Home, the set-top box division for $2.35 billion to Arris
Google bought Motorola Mobility for $12.5 billion in what was probably the biggest tech deal of 2012, but while it was clear that the search giant is looking to strengthen its wireless patterns and fortify Android, it bought more than just the patents. Motorola Mobility’s Home set-top box division also came into Google’s possession and it was clear that the company wanted to get rid of it as soon as possible.

There were two big bidders - British Pace and U.S. Arris. And now, Google announced it is selling Motorola Mobility Home to Arris for $2.35 billion in both cash and stock. Arris will pay Google $2.05 billion in cash and the remaining $300 million in stock.

The boards of the two companies have already approved the deal and it is expected to close in the second quarter of 2013, when and if it passes all necessary regulation. The share purchase will also give Google a 15.7% ownership in Arris.

And for Arris, it will also mean acquiring “a generous patent portfolio.”

source: Google via Tech Crunch

6 Comments
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posted on 20 Dec 2012, 06:32

1. _Bone_ (Posts: 2128; Member since: 29 Oct 2012)


Billions flying around like nothing. Never even heard of the competing companies.

posted on 20 Dec 2012, 10:34

6. mahony (Posts: 15; Member since: 04 Apr 2012)


pace use to be called 2wire.

posted on 20 Dec 2012, 07:22

2. jroc74 (Posts: 4763; Member since: 30 Dec 2010)


I have heard of Arris. I think I had a modem by them. I thought Google woulda kept this for putting Google TV in cable boxes... Oh well.

posted on 20 Dec 2012, 07:31 2

3. protozeloz (Posts: 5375; Member since: 16 Sep 2010)


Yeah, I tough that too, was a bit dumb on their side

posted on 20 Dec 2012, 08:00 1

4. dragonscourgex (Posts: 307; Member since: 16 Jan 2012)


Ya, I was also hoping Google would have held onto this. Would have given them away to extend their foot print into the home entertainment field. A box running android, leaked with the Google Play store and your account.

posted on 20 Dec 2012, 10:15 1

5. gwuhua1984 (Posts: 1237; Member since: 06 Mar 2012)


Good for Arris... now give me port forwarding option in my cable modem please...

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