The corporate world today compared to ten or fifteen years ago is completely different. Companies today ha billions of dollars on hand and are on the buying prowl. Today's companies shoot to buy out their competitor, rather than to compete or even merge. This trend has been apparent over the past few years, when government bailouts due to the recession aided companies to downsize and decrease their spending while being financially aided by the tax dollars of Americans. Many people both within the government and outside have spoken out against corporate America about this issue, even President Obama has summoned many CEO's to the White House to ask them to put the extra money back into the economy. Google is not sitting out on the spending spree for companies. They have been very active to make offers for various firms. Their motives range from acquiring a new market or just to pick up more patents that will help them in new technologies.
Google recently accounted that they will be acquiring Motorola Mobility for 12.5 billion dollars. Google's Android open source software is one the best most widely used mobile software currently on the market. The addition of Motorola Mobility now gives them the extra edge to go after Apple and its iPhone. Now that Google will own Motorola Mobility, they will own all of its upcoming projects as well.
One such project that is in the works, involved an oximeter. An oximeter, also known as a pulse oximeter, is a medical device used to measure the blood oxygen saturation and pulse rate of an individual. An oximeter has been around for many years now, but mostly in use in clinical settings. Now new technology has allowed for the oximeter to be both compact and portable.
Motorola was secretly working on an application built on the Android platform which integrated a pulse oximeter to their cellular phones. This application allowed for readings from an oximeter to be stored on the cellular phone, and also be sent via email to any account. This allows the individual to track his or her own vital signs, or send the information to a medical professional for evaluation. This application also was geared towards athletics as well. Many trainers have shown a great interest to be able to track their athlete's parameters. As Google takes over Motorola Mobility, this technology along with others in the chain will belong to Google and its developers.
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