Davis Polk – Google to Buy Motorola Mobility

Davis Polk is advising Qatalyst Partners LP as financial adviser to Motorola Mobility Holdings, Inc. in connection with its acquisition by Google Inc. The definitive agreement for the transaction provides that Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of approximately $12.5 billion. The transaction is subject to customary closing conditions and is expected to close by the end of 2011 or early 2012.

Motorola Mobility is a leading provider of converged mobile devices and related technology, including smartphones, tablets, wireless accessories, end-to-end video and data delivery, set-tops and data access devices. Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top Internet property and its brand one of the most recognized in the world. 
The Davis Polk corporate team includes partners William M. Kelly and Mischa Travers, both of the Menlo park office.