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MMI
Motorola Mobility Holdings, Inc.

5/25/2012, 5:07 AM ET
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  • Tuesday 1:10 PM Alexion Pharmaceuticals (ALXN +5.2%) pops after Standard & Poors announces it will replace Motorola Mobility (MMI) in the S&P 500 index after the close of trading on Thursday, May 24.
    Comment!
    [Healthcare, Tech]
  • Tuesday 11:03 AM Now that the merger is official, Bloomberg BusinessWeek has published a lengthy piece on Google's (GOOG) plans for Motorola (MMI), and the background of new Motorola chief Dennis Woodside. Woodside promises not to ask for special treatment from the Android unit, but wants to use Google's resources towards goals such as improving battery life and camera image quality. It's added Google will be creating a new Motorola R&D lab focused on advanced technology projects.
    Comment!
    [Tech, M&A]
  • Tuesday 9:02 AM Google (GOOG) closes its $12.5B acquisition of Motorola Mobility (MMI), which remains a separate business. Motorola CEO Sanjay Jha has stepped down and been replaced by "long-time Googler" Dennis Woodside, who was President of Google's Americas region and who has already initiated an executive shakeup at Motorola. (PR)
    Comment!
    [Tech, Consumer, Top Stories]
  • Monday 12:56 PM With the final hurdle to its acquisition of Motorola Mobility (MMI +2%) having been cleared, Google (GOOG +2.2%) plans to conduct a "listening tour" of Motorola's ops, a source tells TechCrunch, with layoffs expected to follow soon afterwards. Though Motorola's profits are a tiny fraction of Google's, it has 20.5K employees to Google's 33K.
    Comment!
    [Tech, M&A]
  • Saturday 3:28 PM Clearance in China removes the last hurdle for Google's (GOOG) $12B bid for Motorola Mobility (MMI), which will close early next week. Google must make its Android OS available at no charge to all partners for five years.
    Comment!
    [Tech]
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