We all know that Google acquisition of Motorola mobile spent $ 12.5 billion last year, but if we went to see the deal in more depth, you will find Google actually paid "net cost" may have only $ 1.5 billion. At this price, is a company holding the patent Motorola moves to win, is a great value for the sale to Google.
US $ 1.5 billion is how to work out the cost of it?
First of all, let us look at Google recently announced a deal. On December 19, 2012 and Arris company Google announced the signing of a sales agreement, Google price Motorola home business sector of us $ 2.3 billion sale to the latter, the deal included more than 2 billion dollars in cash and another $ 300 million Arris shares.
Transaction result is Google owns 15.7% shares of Arris the broadband technology company and US $ 2 billion in cash.
Through the deal, Google returns a portion of the funds.
Another fact to consider is that Motorola mobile accumulated tax losses, which made little sense for Motorola, because they can't make money now to offset these losses, but it won't be the same for Google. We all know that Google can tax credits to make a fortune.
Corporate tax expert Robert Willens: "through the tax benefits associated with the transaction, thereby giving a good deal becomes more valuable. "
He expects, through this transaction, in 2019 years ago Google annual income of US $ 700 million through tax cut of future profits. At the same time, Motorola mobile in the United States and overseas are in operating loss, so Google can also receive US $ 1 billion and US $ 700 million in tax breaks.
If the purchase price of us $ 12.5 billion minus the tax receipts from Arris and so much access to cash and stock, Google to buy Motorola deal price actually paid only $ 1.5 billion
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