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Thursday, August 18, 2011

postheadericon Google's big bet on the mobile future

From the debt ceiling debate to presidential primary rhetoric, national politics are whipping into a partisan frenzy in the march to the 2012 elections. At the moment, the hot air has had a largely deflationary effect on the nation’s spirits (and markets)â€"leaving the public wondering what our leaders can do to get the one in five un- or under-employed Americans back to work.

Against this bleak backdrop, the U.S. innovation community is buzzing over the fresh news of Google’s bullish $12.5 billion bet on the mobile future. The mega-deal to acquire Motorola Mobility is the largest acquisition yet for the company. And, it puts the online search giant squarely into the device-making businessâ€"and right into the competitive crosshairs of Apple and other manufacturers of modern, must-have smartphones and tablets.

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