Google cleared for Motorola purchase after receiving Chinese regulatory approval

Google logoGoogle and Motorola Mobility both revealed on Saturday that they have received Chinese regulatory approval for their proposed merger and expect to soon close on the deal.

After receiving permission in February to move ahead with the merger from the European Commission and U.S. Department of Justice, Google had been waiting for China as the final jurisdiction to sign off on the transaction. Chinese law requires that companies doing sales of more than $63 million domestic or and $1.5 billion globally must seek approve from its Ministry of Commerce.

“We are pleased the deal has received approval in all jurisdictions,” Motorola Mobility told Bloomberg in a statement that confirmed approval in China. “We expect to close imminently.”

Google said simply that its stance on the deal "has not changed" and that it is looking forward to completing the acquisition.

According to the report, China's Ministry of Commerce declared that Google must keep its Android mobile operating system free and open for the next five years as a condition of the approval.

Google announced last August that it had agreed to buy Motorola for $12.5 billion in a move that would "supercharge the Android ecosystem" while allowing Motorola to continue to run as a separate business. Google CEO Larry Page also revealed that the acquisition was meant to "better protect Android from anti-competitive threats from Microsoft, Apple and other companies."

Along with Motorola's cache of over 17,000 patents, Google will also pick up Motorola's legal disputes. As such, Google will face off against Apple once the deal is completed. Apple and Motorola are currently engaged in a complicated patent battle across multiple countries. Most recently, Apple succeeded in having a case against Motorola and HTC consolidated.

Source: AppleInsider

Tags: China, Google, Motorola

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
You can use a security key instead of having a code sent to your phone
 
Adobe says that the AI can now achieve the intended result in seconds
 
A new security protocol replacing the aging WPA2
 
Download and install at your own risk, of course
 
More iPhone parts likely to be produced by Samsung
 
Starting on Friday, video views on YouTube will start to be counted by the Official Charts Company
 
LG has already announced two new V-series members in 2018
 
The method is blocked and the hack doesn’t work, it adds
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
 123456
78910111213
14151617181920
21222324252627
28293031   




Poll

Do you use microSD card with your phone?
or leave your own version in comments (11)