Google 2011, "The Globe and Mail" reported that Google bid $900 million for 6000 Nortel Networks patents. On August 15, 2011, Google made its largest-ever acquisition to date when it announced that it would acquire Motorola Mobility for $12.5 billion subject to approval from regulators in the United States and Europe. In a post on Google's blog, Google Chief Executive and co-founder Larry Page revealed that the acquisition was a strategic move to strengthen Google's patent portfolio. The company's Android operating system has come under fire in an industry-wide patent battle, as Apple and Microsoft have sued Android device makers such
Sports Properties Acquisition Corporation Sports Properties Acquisition Corporation Sports Properties Acquisition Corporation (SPAC) is a publicly traded company who has placed a bid to purchase the Florida Panthers from Alan Cohen and Sunrise Sports and Entertainment. SPAC sold public shares in the company and must purchase a team by January 2010 or the shares will be returned to the shareholders. They have previously been interested in the Phoenix Coyotes and Montreal Canadiens. SPAC has offered a $240 million deal to purchase the Panthers, the BankAtlantic Center and the area surrounding the arena. Along with the land, they will acquire Alan Cohen's proposal for a