Today in Philly Tech History 1/5/2000: Motorola acquires General Instrument



Motorola completed its acquisition of Horsham-based General Instrument 13 years ago today in an all stock deal valued at about $17 billion.

Eventually known as Motorola Home, the supplier of technology to the Cable TV industry was spun off along with Motorola's handset business as Motorola Mobility on January 4, 2011. Motorola Mobility was later acquired by Google for $12.5 billion in May of 2012. Google announced it had reached an agreement to sell Motorola Home to the Arris Group for $2.35 billion in late December.



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