Google’s Motorola buy set to gain approval next week
Google’s bid to acquire Motorola Mobility for $12.5 billion is set to gain regulatory approval as soon as next week, multiple reports claim. Google announced last summer that it intended to purchase the struggling smartphone and set-top box maker for $40 per share, and CEO Larry Page explained that Motorola’s patent portfolio was a key draw for the company. Google’s Android partners had fallen under attack from patent predators such as Apple and Microsoft, and the ability to spread Motorola’s patents around as needed could be the only way to save Android. As recent events in Germany have shown, Motorola’s patents could indeed be Android’s best bet. While some regulators apparently remain unconvinced that Google intends to license Motorola’s patents on fair terms, The Wall Street Journal reports that the deal is still on track to gain approval from the Justice Department as early as next week.
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
![Untethered iOS 5.1.1 jailbreak for iPhone, iPad and iPod touch now available [updated]](http://www-bgr-com.vimg.net/wp-content/uploads/wp-post-thumbnail/BjQaZ7kNeuh6buOfs3Ovq0Ef3d3nryr.jpg)
Leave a Reply