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Google Gets Modu for $4.9 Million



Israeli mobile phone manufacturer, Modu the company known for creating those modular cellphone has now been acquired by the all-powerful Google. According to Calcalist, Google paid $4.9 million to acquire all that Modu ever owned.

Although, Modu started a decent rate, lately the company had not been doing great and had shut down due to the massive drop in its sales. Google has already bagged the company and all the designs and patents it owns. Coming to the $4.9 million, Modu had been sued by its employees and this money from Google would help the guys pay the employees their salaries and also repay the debts.

Well, we are not sure about what exactly Google plans to do with this new acquisition. Although, obvious speculations suggest that they may use Modu’s patents and its unique designs with Android devices. Modu already holds the record for the world’s lightest phone and Google may be use this to its advantage.

363 days ago by in Google , Technology. You can follow any responses to this entry through the | RSS feed. You can leave a response, or trackback from your own site.
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Enjoy promoting technology wherever and whenever possible, I always have fun on the web and with all the various other devices connected to it. I also love to play video games, Android phones and iPhones, Photoshop addict, Internet junkie and and a promoter of green tech.