Google: We’ve acquired Motorola Mobility

Google CEO Larry Page: “It’s a well known fact that people tend to overestimate the impact technology will have in the short term, but underestimate its significance in the longer term. Many users coming online today may never use a desktop machine, and the impact of that transition will be profound – as will the ability to just tap and pay with your phone. That’s why it’s a great time to be in the mobile business, and why I’m confident Dennis and the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.” Strong hint that the Motorola purchase isn’t so much about current devices and patents as it is about acquiring the hardware know-how for the device form factors of the future.

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