Google has bought Motorola Mobility, the handset development arm of the brand, for an estimated £7.5 billion. The online search giant has purchased the handset brand for $40 per share, or $12.5 billion (£7.5 billion) overall, a premium of 63% of the share price on Friday. Google has pledged to run the operation as a seperate division to Android, meaning it will still be offering the plaform as an open offering. Larry Page, CEO of Googlesaid: Motorola Mobility’s total commitment to Android has created a natural fit for our two companies. Together, we will create amazing user experiences [...]

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