Dec 23, 2012

When $12b = $1.5b

Read some amazing news recently at Forbes - Google's purchase of Motorola cost much less then assumed because

1. Acquired cash about $3b , strangely not many think of netting it off as it should be done...
2. Tax breaks which could amount to $5-6b over a few years
3. Sold off the set top business for about $2b

Net net, they almost got the patents free or got rest of M free if they paid for patents...

Reason I mention this is because some anti Google shills have been spreading FUD about how the acquisition has been a disaster without understanding the nuances

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