Google is acquiring Motorola Mobility, you know the hardware wing of Moto that makes the Android smartphones. Let that sink in for a while and then we’ll tell you that its just for a measly sum of $12.5 Billion. Why now, you ask ? Keep reading.

The crazy docking Motorola Atrix 4G is just not beautiful to look at but indeed is one of the fastest smartphones “not” available today. Speaking of specs its equipped with a full GB of memory and 16GB of NAND, and is based on the the Tegra 2 framework from NVidia. Its unique feature though is it can be docked into a custom ultra thin notebook chassis and used to drive the notebook. Motorola calls this its webtop dock. Read on past the break for more pics and video.

The first feeling we got while going through this piece was, Oh ! No ! Not Again. Then we looked a bit into the fact that this was the clearest picture we have ever seen of one of the most concealed phones (apart from the iPhone 4 (laughs!) ), the Motorola Droid X/ Xtreme / Shadow. Check out the spy shots after the break, if this is not the real thing then what is !

Motorola and RIM(Blackberry manufacturers Research In Motion) have finally agreed to bury the hatchet. They have jointly announced that they have entered into a settlement and licensing agreement that ends all outstanding worldwide litigation between the two companies.

According to the press release, Motorola and RIM will “benefit from a long-term, intellectual property cross-licensing arrangement” going forward. The agreement involves all parties receiving cross-licenses of various patent rights, including patent rights relating to certain industry standards and certain technologies, such as 2G, 3G, 4G, 802.11 and wireless email.

In addition, the parties will transfer certain patents to each other. Motorola sued RIM in the beginning of this year, accusing the company of illegally using Motorola’s patented technology since 2007, after expiry of the agreed licence period. The issues related to a proprietary wireless technology owned by Motorola pertaining to Wi-Fi access, user interface and power management.

Motorola had gone to the US International Trade Commission to try to get imports of RIM devices banned, in addition to a lawsuit filed in a federal court in Texas. Motorola was seeking an injunction banning RIM products in the United States.

Just 3 weeks ago, RIM also settled a patent dispute with Prism Technologies over authentication software used in BlackBerry devices for an undisclosed amount of money.

Next up, Kodak? (which has also charged RIM with patent infringement). RIM seems to be in bit of trouble here, doesn’t it ?

Motorola’s quirky(aka Kin One) square-shaped Android 2.1 creation has just become official, courtesy of the company’s YouTube channel. The Flipout brings a 2.8-inch, 320 x 240 screen, a 3 megapixel camera with “one-touch” uploads to Facebook, MySpace and photo-hosting sites, and a refreshed implementation of Motoblur, which now includes resizable widgets, feed filters, and push corporate email. We hear that last feature is a real must-have with the target audience of this device. Euro readers can expect it imminently, as the listed Q2 2010 launch date basically means it’ll be out by month’s end. Wonder how they’ll price a curious creature like this.