Google has confirmed that Chinese authorities have approved its $12.5 billion acquisition of Motorola. The deal is expected to be closed by this Wednesday, with the requirement that the Android system remain free and open to use for five years.
Google has reached the final regulatory hurdle to its $12.5 billion acquisition of Motorola Mobility, with China approving the transaction over the weekend, and today Motorola Mobility filed an 8-K form that notes that it will close... Read Post
After waiting months and finally gaining approval from China on the deal, Google's $12.5 billion acquisition of Motorola closed on Tuesday. While the deal is still about patents to protect Android partners, Google finally has a vehi... Read Post