Google finally takes Motorola Mobility after China says yes
GOOGLE yesterday completed its $12.5bn (£7.9bn) acquisition of Motorola Mobility after receiving the green light from the Chinese authorities.
“Long-time Googler” Dennis Woodside was ushered into the top spot, taking over from Sanjay Jha as Motorola Mobility’s chief executive.
In a blog post, Google boss Larry Page said: “Many users coming online today may never use a desktop machine, and the impact of that transition will be profound – as will the ability to just tap and pay with your phone.
“That’s why it’s a great time to be in the mobile business, and why I’m confident Dennis and the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.”
The deal is a central step in Google’s continuing growth in the smartphone and tablet market. Google’s Android, on which Samsung and HTC phones run, is the most popular operating system according to Kantar Worldpanel ComTech. The acquisition is Google’s biggest to date.