Late Wednesday night, Google (NASDAQ: GOOG ) finally explained its plans for what it plans to do with Motorola's set-top cable-box business. Namely... nothing. It's selling the business, and cashing out for a $2 billion payment, and $300 million worth of stock from the buyer, Arris Group (NASDAQ: ARRS ) .
So is this the end of Google's plans to develop a Google TV for our living rooms? Listen in as Fool contributor Rich Smith lays out the story, and what it means for investors.
Like many other web companies, Google's struggling to adapt to an increasingly mobile world. Despite gaining an enviable lead with its Android operating system, the market isn't sold. That's why it's more important than ever to understand each piece of Google's sprawling empire. In The Motley Fool's new premium research report on Google, we break down the risks and potential rewards for Google investors. Simply click here now to unlock your copy of this invaluable resource, and you'll receive a bonus year's worth of key updates and expert guidance as news continues to develop.
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