Tuesday, May 22, 2012

Google Finalizes Acquisition of Motorola Mobility

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zacharye writes with news of the end of the regulatory saga that was Google acquiring Motorola Mobility. From the article: "In line with earlier reports, Google on Tuesday finalized its acquisition of Motorola Mobility. The $12.5 billion merger was approved by regulators in China on Monday after having been given the green light by the United States Department of Justice this past February. Chinese regulators did stipulate terms for its approval, however, namely that Google must continue to make Android open-source and freely available. Former Motorola Mobility CEO Sanjay Jha has stepped down and Google's Dennis Woodside will replace him as chief executive..."

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[Read more of this story][11] at Slashdot.

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