Google's Bid for Motorola a `Smart Move'

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Aug. 16 (Bloomberg) -- Michael Walliser, an analyst at Condor Capital Management, talks about Google Inc.'s agreement to buy Motorola Mobility Holdings Inc., and its implications for HTC Corp. and Samsung Electronics Co. Google said yesterday it will pay $12.5 billion for Motorola Mobility, purchasing more than 17,000 patents it can use to defend against allegations of infringement as competition accelerates in the $206.6 billion mobile-phone market. Walliser speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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