Feb
17
2012
Department of Justice approves the Google-Motorola deal
Following the confirmation that Europe approved the acquisition of Motorola Mobility by Google, Reuters is also reporting that the Department of Justice in the United States has stamped their seal of approval for the same deal. The Department of Justice has issued a statement saying that the $12.5 billion deal will not affect the competition let alone, substantially lessen it. This is a primary criteria for such regulatory bodies in order to make a solid decision.
Motorola Mobility features over 17,000 patents not including the 6,800 pending applications filed on IPO’s internationally.
Tags: google, google motorola deal, mobile, motorola mobility, sja, sjamobile
Mobile News | Rey Drummond | 17 February 2012 |
