Google Seals Motorola Mobility Acquisition Deal
Article by George Norman
On 23 May 2012
Back in February, as you may remember, Google announced that it entered an agreement to acquire cell phone and electronics maker Motorola Mobility for 12.5 billion. On Tuesday, May 22nd, Google announced that the aforementioned deal has been closed. As of this week Motorola Mobility officially belongs to Google.

“I’m happy to announce the deal has closed,” said Google co-founder and current CEO Larry Paige. “Motorola is a great American tech company, with a track record of over 80 years of innovation. It’s a great time to be in the mobile business, and I’m confident that the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.”

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It is exciting to think about what Google could come up with now that it has Motorola Mobility. The company explained that now that the acquisition has gone through, it will focus on supercharging the Android ecosystem and enhancing competition in mobile computing. The aforementioned Larry Paige said that the team at Motorola Mobility (which Google will run as a separate business) will focus on creating the next generation of mobile devices that will improve lives for years to come.

Following the official closure of the acquisition, Sanjay Jha stepped down as CEO of Motorola Mobility. Former President of Google’s Americas region, Dennis Woodside, has been appointed as the new CEO. Sanjay Jha is not out of the picture just yet – he will work closely with Google to ensure a smooth transition.

Here is what current Motorola Mobility CEO, Dennis Woodside, had to say about the acquisition:
“Motorola literally invented the entire mobile industry with the first-ever commercial cell phone in 1983. Thirty years later, mobile devices are at the center of the computing revolution. Our aim is simple: to focus Motorola Mobility’s remarkable talent on fewer, bigger bets, and create wonderful devices that are used by people around the world.”




Tags: Google, Android, Motorola Mobility, Acquisition, smartphone
About the author: George Norman
George is a news editor.
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