Google announced on its blog Monday that it plans to purchase Motorola Mobility for $12.5 billion in cash. If the deal is approved by antitrust regulators, then it will go down in the books as Google’s largest acquisition to-date.
Google’s VP of Corporate Development David Lawee told Reuters in 2010 that the tech giant’s agressive M&A strategy is “paying off huge.” Big bets on young companies like Android and YouTube might have raised doubts when the deals were going down, but now most will agree that those have, thus far, turned out to be success stories