Motorola, formerly known as galvin Manufacturing Company, was founded in 1928. 1947, renamed Motorola, used as a trademark from 1930. Headquartered in schaumburg, Illinois, USA, it is located in the suburb of Chicago. It is one of the fortune companies in the world 100, and a global leader in the field of chip manufacturing and electronic communication. 20 1 1 On August 5, 2008, Google announced that it had signed a final agreement with Motorola Mobility, and it would acquire the latter for $40 per share in cash, with a total price of about $12.5 billion. The transaction has been approved by the boards of directors of the two companies. 201February 14 Google's acquisition of Motorola was approved by the European union and the United States. 2012 On August 13, Motorola Mobility announced that it would lay off 20% of its employees worldwide and close its13 office.