GO
Loading...

Britain's Pace Wants to Buy Google's Motorola Home Business

Google
Getty
Google

British TV decoder maker Pace said on Monday that it had made an early-stage proposal to internet group Google to acquire its Motorola Home business.

"Discussions with Google are currently at a preliminary stage and there is no certainty as to whether any agreement regarding any transaction will be reached," Pace said in a statement.

The company said its shares had been suspended from trading in London as the potential acquisition would be classified as a "reverse takeover" deal under British rules.

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Squawk Alley