Google Sells Motorola’s Set Top Box Business for $2.35 Billion

Google has announced plans to sell the cable box business it acquired with Motorola Mobility to Arris Group for $2.35 billion. Arris is providing Google with $2.05 billion in cash and the rest in stock. The deal gives Google ownership of approximately 16% of Arris. Both Google’s and Arris’ boards have approved the deal, though […]