In: Operations Management
Find out how Google diversified into the industries below. Your answer should be one the following: a) acquisition, b) internal startup, c) joint venture.
smartphones
mobile operating system (i.e., Android)
smart glasses
video sharing platform (i.e., Youtube)
robotic surgery
Solution:
We will discuss how Google has diversified into the smartphones industry. The smartphone industry is huge and is growing constantly at a rapidpace. This is why the companies are putting efforts to take a chunk of market share of this industry to benefit theirt businesses from this high demand of smartphones.
Google went under an acquisition of an already existing player in the market. Google acquired Motorolla to facilitate their entry to the smartphone industry. Motorolla was alreay present in the industry and had a command over industry with some of their flagshipphones. Google wanted to ensjoy this brand value to launch their smartphone products under the product name of Google-Moto. Hence, this is how Google ventured into the smartphone industry by acquiring an already existing player in the market.
Google went on to produce more product variants and the moto series became users favourite because of various feature packed smartphone in a affordable price. Hence, the entry into the new industry by google was very well planned and executed. The Google Moto is still operational today and they are manufacuring some of the best smartphones today, including Google Pixel.
Hence, thisi is how Google planed its entry into the smartphoen market.