Googlerola Is Official
Google's acquisition of Motorola Mobility has officially closed. They have purchased Motorola Mobility, which split from Motorola on January 4, 2011, for $12.5 Billion. It's one of the biggest purchases in tech history.
On August 15, 2011 Google announced they would acquire Motorola Mobility for $12.5 Billion. On November 17, 2011 shareholders voted in favor of Google. Then on February 22, 2012 the DOJ and EU approved of the deal. Now, all they had to get was approval from China. On May 19, 2012, China official approved of the acquistion, and Motorola Mobility became a susidiary of Google on May 22, 2012.
The fact that Motorola Mobility makes Android phones, and Google owns Android, is a conflict of interest. Google has stated that they won't show favortism towards Motorola Mobility as an Android manufacturer, and that they wanted Motorola for their patents.
Jordan May 24, 2012 at 6:21 PM
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