Google gets consent of China to acquire Motorola

Google MotorolaThe Chinese on Saturday accepted Google’s deal worth $12.5 billion to purchase Motorola Holdings. This final accord was the last in a series of regulatory hurdles that Google had to cross to finally develop its own line of smart phones. The approval comes nearly eight months after application for the purchase was submitted. The approval of the European authorities had already been obtained much earlier in February and China was the only obstacle to closing the deal. The deal as it stands now has acceptance in all the concerned jurisdictions. A major condition behind the approval was that Google had to keep its Android operating software free and open for five years after which the Ministry of commerce will continue to assess the Chinese smart phone operating system market. Google’s intention at buying out Motorola was to acquire its 17,000 patents and 7,500 pending patent applications. This will enable Google to compete with other major players like Apple Inc etc and defend itself in patents litigation etc.

Google acquires Motorola patents with consent of China

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