3 ms·
I thot the CW was Google broke even by selling the pieces and getting the IP and a bunch of tax write offs.
by Steko 12y ago
I thot the CW was Google broke even by selling the pieces and getting the IP and a bunch of tax write offs.
- x0x0 12y agoignoring the time value of money $12.5B purchase - 3B cash on hand - 1B tax credits - 2.4B sale of desktop boxes to Arris - 2.91B sale to lenovo ========== 3.19B and google kept patents, etc. Plus there are potentially -- reporting varies -- up to another $.7B/year they kept it of tax offsets I didn't mention, so subtract another $1.4B [1] [1] http://www.forbes.com/sites/timworstall/2012/12/22/did-motorola-mobility-only-cost-google-1-5-billion/ http://www.forbes.com/sites/timworstall/2012/12/22/did-motor...
- Zigurd 12y agoIt wasn't so much the net ~$3B (piffle!) but approximately doubling headcount with the sort of people who got Moto to where it was before they were bought, and having to manage all that in a direction where a sale for $0.25 on the dollar is considered a success ($0.55 if you count the divested bits). It isn't quite as irrational as buying Nokia, but it's right up there. Moto was a big giant messy falling knife.