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China backs Google’s Motorola deal

Google said that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings. ||| Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, th e last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones. Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business.
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See more about: Motorola Mobility

Google closes Motorola Mobility purchase; Sanjay Jha out, Dennis Woodside in as CEO

Technology : The Next Web Blog (2 years ago)

Having received final approval from Chinese authorities at the weekend, Google has announced that its $12.5 billion acquisition of Motorola Mobility (MMI) has finally closed, with Dennis Woodside becoming the company’s... Read Post

China finally approves Google’s Motorola Mobility acquisition, deal likely to close next week

Technology : The Next Web Blog (2 years ago)

Google may have announced its $12.5 billion acquisition of Motorola Mobility last August and gained approval from both EU and US authorities but it’s taken until today for the search... Read Post

China Gives Google Go Ahead To Purchase Motorola Mobility Holdings

Technology : The Inquisitr - Tech (2 years ago)

Google and Motorola Mobility Holdings received some good news on Saturday when officials in China approved the $12.5 billion purchase which was initiated and announced by Google in late 2011. Under the acquisition it is expected tha... Read Post


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