Tuesday, September 27, 2011
Google CEO Larry Page: the acquisition of Motorola's intended to stimulate business growth
SAN FRANCISCO, Sept. 28 morning news, Google CEO Larry Page (Larry Page) on Tuesday at the annual meeting of the company's Zeitgeist said, spent $ 12.5 billion acquisition of Motorola does not mean that Google will enter a new era of adventure. Page said the acquisition of Motorola just proved once again that Google will be through "massive investment" to stimulate business growth. He said: "We have been to take that risk." He also Google in 2006 for $ 1.6 billion acquisition of YouTube as an example described, the price has stunned the outside world.
Paige said with a smile, the acquisition of Motorola will double the number of Google employees, but the market has not doubled, the company's current market capitalization of about $ 174 billion. The transaction is waiting for the U.S. Department of Justice review.
Although this is Google's biggest deal ever, but Page has said that the acquisition is reasonable, because the Motorola Droid series smart phone using Google's Android operating system. Google free to smart phones and tablet PCs Android software company authorized to compete with Apple's iPhone. According to the U.S. market research firm Gartner estimates, Android has won 40 percent of the global smart phone market share.
Android's popularity to help promote the Google search engine, maps and other services, and will become a pillar of the development of mobile services.
Asked whether Google intends to use Motorola set-top box business expansion television business, Page replied: "We do consider that." Google has launched a service called Google TV, and embedded into set-top boxes and televisions, user-friendly search and watch online video and television programs, but the service is on hiatus.
When asked about Google's biggest threat, Page replied: "is Google's own." Executive chairman Eric Schmidt, Google (Eric Schmidt) is explained: "Google's problems lies in the interior. "
Page said that many large companies will slow down the pace of decision making and lead to tragedy. He became CEO in April after the decision-making process has been accelerated.
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