After waiting months for the go-ahead to say so, Google CEO Larry Page today announced that his company now officially owns Motorola Mobility.
Google announced plans to acquire Motorola Mobility for $12.5 billion in August. Upon doing so, the companies had to clear regulatory hurdles to get the deal done. Regulators in both the U.S. and the European Union approved the acquisition back in February, but the companies were forced to wait for China. Over the weekend, China approved the deal, paving the way for Google to close it.
As part of the acquisition, Page announced today that … Read more