Google to buy Motorola Mobility for $12.5 billion

BANGALORE (Reuters) - Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash.

The $40 a share offer is at a 63 percent premium to Motorola Mobility's Friday close on the New York Stock Exchange.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb Chakrabarty)