Skip to main content

Google Sells Motorola Set-Top Box Business For $2.35 Billion

Google's rumored sale of Motorola's set-top box business has become a reality: the search engine giant has received $2.35 billion for the sale of Motorola Home.

Arris Group, Inc., a U.S. telecom equipment manufacturer based in Georgia, purchased the division of Motorola that is responsible for set-top boxes and system production.

The deal itself has been performed as a cash and stock transaction, which will give Google approximately a 15.7 percent ownership interest in Arris. Subject to regulator approval, Motorola's TV business should be owned by Arris' during 2013's quarter two.

Google apparently told Arris that it would cap its liability "to a very small number" should a lawsuit brought by TiVo against Motorola progress. TiVo is claiming billions in damages, alleging that Moto's mass production of DVRs infringe on patents owned by the digital video recording company.

Google noted that Motorola Home is profitable, with the firm generating revenue of $3.4 billion for the four quarters leading up to September 30. So why would the former, who purchased Moto for a $12.5 billion fee predominately for its patents portfolio, sell the division if it's profitable? Google has been constantly closing down Motorola offices, which has led to over 4000 employees being made redundant.

More recently, Google shut down Motorola's South Korea operations, subsequently leading to 500 job losses, in addition to closing down the firm's local websites.

Contact Us for News Tips, Corrections and Feedback

  • m32
    TiVo, why you mad bro?
    Reply
  • What's a set top box?
    Reply
  • techcurious
    "Google's rumored purchase of Motorola's set-top box business has become a reality: the search engine giant has received $2.35 billion for the sale of Motorola Home."

    I'm confused.. Is Google buying it or selling it??? As far as I can tell, despite that statement, Google is Selling!
    Reply
  • s3anister
    techcurious"Google's rumored purchase of Motorola's set-top box business has become a reality: the search engine giant has received $2.35 billion for the sale of Motorola Home."I'm confused.. Is Google buying it or selling it??? As far as I can tell, despite that statement, Google is Selling!
    It's just your usual Zak Islam article, get used to it.
    Reply
  • spentshells
    Xperia you know the restWhat's a set top box?
    Cable box

    Set top box - cable box you place on top of your tv set in the 80's and 90's
    Reply
  • web11
    It's your DVR cable box. And yeah this article had me scratching my head...
    Reply
  • spentshells
    Because your under 30.
    Reply