Google acquisition Motorola - As Google has gained approval from the relevant regulators in the U.S., Europe, and China's process of acquisition of Motorola Mobility worth 12.5 billion USD was finally completed as well.
Chinese regulators did not provide specific requirements for Google to get approval.
However, Google is required to keep the open source Android operating system and is freely available.
Motorola Mobility CEO, Sanjay Jha, has resigned, and Google will replace it with Dennis Woodside. Dennis Woodside is known as one of Google's top brass exactly as Senior Vice President. He was joined at the Internet giant in 2003.
"I am pleased to announce today that Motorola's Mobility agreements we have been closed," said Google CEO Larry Page as, via the official Google blog.
"Motorola's major technology companies in the United States that has pushed the mobile revolution, with a 80-year track record of innovation, including creating the first mobile phone.
We all remember the Motorola StarTAC, which at the time it looks small and show the true potential of these devices. And as a company make big bets, in the early Android, Motorola has been a valuable partner for Google, "said Larry.
Google plans to buy Motorola is already sticking out in August last year. Where one goal is to secure valuable patents owned by Motorola and pave the way for the realization of the Android mobile software partners and Motorola's handset business. Google acquisition Motorola