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Google's Motorola acquisition is still in the transitional phase

Post-acquisition from Google, Motorola are still in a transitional phase, have a 12- to 18-month pro

| Business, Financial & Legal News | Posted: Jan 23, 2013 4:34 am

Google had their Q4 2012 earnings call earlier today, with Google executives diving into the Motorola situation. With the current state of Motorola's financials being the subject at hand, we saw Senior VP and Chief Financial Officer Patrick Pichette answer a few questions.

 

TweakTown image news/2/8/28038_08_google_s_motorola_acquisition_is_still_in_the_transitional_phase.jpg

 

When asked about the current situation of Motorola's financial position, Pichette said that when Google acquired Motorola, they also acquired their 12- to 18-month product pipeline that isn't easily changeable. When Google purchased Motorola, they also purchased their future product line up that has been promised to customers.

 

Pichette explained that while there have been improvements made within the company in regards to selling the home division of Motorola as well as rejigging their finances, that Google are still only 6 months post-acquisition, and these changes do take a while to happen. Pichette said "it's jsut the nature of the beast when you're reinventing a business".

NEWS SOURCE
Androidcentral.com

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