Benchmark Comments On Google's Acquisition of Motorola Mobility

The Benchmark Company has published a research report on Google's GOOG acquisition of Motorola Mobility MMI for 6% or Google's market capitalization and 35% of its net cash. In the report, Benchmark writes, "Google is doubling-down on mobile. Given the importance of this medium to the future of computing and the recent success of Android, this direction seems wise. This acquisition may be as much about tablets as smartphones, but is really about mobile as a whole. In addition, Google is likely defending its mobile position through MMI's patent portfolio." Motorola Mobility is currently in patent litigation with Microsoft MSFT and Apple AAPL and closed Friday at $24.47. Google closed Friday at $563.77.