Motorola Mobility Holdings, Inc. (NYSE:MMI.DL)

CAPS Rating: No stars

Recs

7
Player Avatar joshpritchard (88.55) Submitted: 8/3/2011 9:45:19 PM : Outperform Start Price: $22.10 MMI.DL Score: +74.84

I think Google, Apple, or Microsoft should seriously consider buying Motorola Mobility. The company has just a 6.6B market cap, while it has $3.2B in cash ($225M more still coming from MSI), $2.4B in deferred tax assets, and more patents than Nortel or InterDigital. With the value of the patents somewhere north of $3B, that’s more than $8.5B (~$2B over market) before assigning any value to the mobile or set-top businesses, which are on pace to do 14B in revenue this year.I’d imagine that Google could potentially make the purchase with a partner (like Samsung or HTC) and have them take the operating businesses while keeping the patents to defend Android and the Open Handset Alliance.

Member Avatar ikkyu2 (99.15) Submitted: 8/17/2011 11:27:10 PM
Recs: 0

From your lips to Goog's ears. Nicely done.

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