Google aiming to close Motorola deal by Wednesday

May 21, 2012

(AP) -- Google is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings before Wednesday.

Motorola outlined the timetable in documents it filed Monday following Saturday's approval of the deal by regulators in China. That approval removed the final hurdle preventing Google from closing the biggest deal in its 14-year history.

The two companies announced the deal nine months ago.

. prizes Motorola Mobility Holdings Inc. for its portfolio of more than 17,000 patents.

Owning the rights to those patents will provide and the mobile device makers who rely on its Android software with valuable weapons in an intellectual arms race with Apple Inc., Microsoft Corp. and other technology giants.

But investors are worried Motorola's business making phones will trim Google's .

Explore further: S&P says sell Google's shares after Motorola deal

0 shares

Related Stories

S&P says sell Google's shares after Motorola deal

August 16, 2011

(AP) -- Standard & Poor's is saying investors should sell Google's stock because it believes the search leader's decision to buy Motorola Mobility increases the risk to the company and its shares.

US, EU clear Google's $12.5B Motorola Mobility bid (Update)

February 13, 2012

Google's $12.5 billion acquisition of cellphone maker Motorola Mobility have won approvals from U.S. and European antitrust regulators, moving Google a major step closer to completing the biggest deal in its 13-year history.

Google gets China OK for Motorola deal

May 19, 2012

(AP) -- Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.

Recommended for you

Interactive tool lifts veil on the cost of nuclear energy

August 24, 2015

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

jonnyboy
1 / 5 (1) May 21, 2012
go go google!

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.