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|21st May 2012, 08:25||#1|
Join Date: May 2010
China clears Google acquisition of Motorola
The final significant roadblock to Google's buyout of Motorola has been cleared, as Chinese regulators have just given their rubber stamp. Their approval follows a few months after the simultaneous American and European clearances, and virtually all that's left now is to formally close the deal and start integrating the two mobile giants. It might still come too late for the combined entity to present a united front at Google I/O, but at least they won't have any awkward glances at each other across the room. We're just trying to decide on whether or not Googorola is the best pet name for the loving, $12.5 billion-dollar Android union.
Update: Google has since told the AP that the deal will likely wrap up early next week, so Motorola should be part of the family well in advance of Google I/O. Also, Google has to keep Android freely usable by anyone for at least five years, although no one was expecting that to change anytime soon.
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