Google's surprise decision to purchase Motorola Mobility last year has since cleared regulatory hurdles in the US and abroad, and the deal is expected to close soon. As part of the acquisition, Google will take on Motorola's deep patent portfolio and manufacturing expertise -- a move that seems to have raised eyebrows from Google's other hardware partners. Catch up on the full story below.
Motorola Mobility announced today that it will be moving its headquarters away from Libertyville, IL and into the top four floors of Merchandise Mart in downtown Chicago.
Google: Motorola's 'patents and developed technology' worth $5.5 billion, less than half of acquisition cost
In a regulatory filing Tuesday, Google said that the value of Motorola's patents and developed technology were worth $5.5 billion, less than half of the total $12.4 billion sum it took to acquire Motorola Mobility.
Speaking to said shareholders, CFO Patrick Pichette reiterated Google's intention to hold Motorola at arm's length and allow it to "stay on its own battlefield."
The Guardian quoted executive chairman Eric Schmidt saying that Motorola will have "more investment in products and a lot more focus on Android and the tools even than they have today."
Google has replaced Motorola Mobility's CEO, Sanjay Jha, with long-time Google executive Dennis Woodside. We take a closer look at Woodside's history with Google and his career as a whole.
Google's purchase of Motorola should be complete this week, though it might be followed with a series of layoffs.
Amidst the news that Chinese regulators approved Google's purchase of Motorola today is a noteworthy stipulation that the government felt the need to include. According to the Associated Press, the Wall Street Journal, and Reuters, Google must keep Android free and available for anyone to use for at least the next five years.
Google's purchase of Motorola has been a long time in the making, but it looks like the last hurdle has finally been cleared: the Associated Press is reporting that China regulators have approved the transaction.
According to Chicago Business, Google is looking for more than 500,000 square feet of office space to house Motorola Mobility, which could hold about an estimated 3,000 employees.
Wall Street Journal columnist Dennis Berman says that rumors are swirling in Asia that Google has already offered to sell Motorola's handset business to Huawei for a "high price."
Unfortunately for Google, China isn't any closer to approving its planned purchase of Motorola -- according to an SEC filing, China's Anti-Monopoly Bureau has just extended the second phase of its investigation into the proposed purchase.
The New York Post reports this morning that Google's preparing to sell its struggling cable box division.. According to the Post, Google's retained Qatalyst Partners and Barclays Capital to prepare for a sale, and there are glimmers of interest from investors who may want to buy both Motorola's cable box division and Scientific Atlanta, which Cisco is also reportedly shopping.
Google's Andy Rubin led the charge to acquire Motorola, but the Android boss won't have anything to do with the company once the deal closes — he told reporters at Mobile World Congress today that he "sponsored" the acquisition but now has "nothing to do with it.... I don't even know who's running it."
Microsoft says Motorola and Google will 'kill video on the web' with patents, files European complaint
Microsoft announced this morning that it's filed a formal competition complaint against Motorola with the European Commission, arguing that Motorola is abusing its patents committed to Wi-Fi and H.264 video by demanding excessive royalties and trying to block sales of products that include the standards.
Meg Whitman told a crowd earlier today that, "Android may end up as a closed system because of [Google's] relationship with Motorola."
The US has just approved Google's buyout of Motorola, shortly after the European Commission cleared the deal earlier today.
The European Commission has just cleared Google's $12.5 billion buyout of Motorola Mobility.
We heard yesterday that the US Justice Department was likely to approve Google's purchase of Motorola, and now Reuters is reporting that the European Union is just about ready to do the same.
A mere few days before the European Commission's February 13th deadline for deciding on the legality of Google's takeover of Motorola, we're hearing the US Justice Department has made up its mind and will approve the merger.
Google just sent a letter to TKTK, promising to license Motorola's patents related to various standards like 3G and H.264 fairly after it completes its planned acquisition of the company.
The European Commission of the EU has set a February 13th deadline to decide whether or not to approve Google's acquisition of Motorola Mobility. The commission put the process on hold in December in order to gain more information on the deal.
The European Commission has put a temporary stop to its regulatory approval process in Google's proposed purchase of Motorola Mobility while it requests additional information.
99 percent of Motorola Mobility shares voted in favor of a Google merger today, paving the way for the $12.5 billion buyout.