Posts Tagged ‘Motorola Mobility’
Regulators of the European Union have temporarily put Google’s acquisition of Motorola on hold. The review was put on hold in the 6th of December. They are requesting for more information on the deal.
European Commission spokesperson, Amelia Torres, said that once “certain documents that are essential to its evaluation of the transaction” are shown, the review can continue.
Al Verney, Google’s spokesperson said that this is “routine….. We’re confident the commission will conclude that this acquisition is good for competition and we’ll be working closely and cooperatively with them as they continue their review.”
Although routine, the result is the acquisition of Motorola Mobility by Google to be pushed back until 2012 at least.
When news broke out that Google was purchasing Motorola for $12.5 billion, Android manufacturers were worried Motorola would be favored by Google over other manufacturers such as Samsung and HTC. Since Motorola would become a hardware arm of Google, some believed that Google would roll out updates to devices such as the Motorola Razr before devices like the Samsung Galaxy S2 and HTC Sensation XE.
Google’s Larry Page said, “Our acquisition of Motorola will increase competition by strengthening Google’s patent portfolio, which will enable us to better protect Android from anti-competitive threats from Microsoft, Apple and other companies.”
Do you think Google’s acquisition of Motorola has been temporarily put on hold, or do you think Google will never get hold of Motorola’s patents? Give us your thoughts.
The search giant Google will soon close the deal in completely acquiring Motorola. Shareholders of the mobile phone manufacturer unanimously voted for the new partnership. 99% of the shareholders who attended the meeting were in favor. The question is, when will Motorola finally be absorbed by Google?
We first caught wind of the merger in August of this year. Google reportedly agreed to purchase Motorola for a whopping £8 billion. However, it is only now that shareholders have decided to give the acquisition a go. Since shareholders have only recently given the acquisition a go, this means that deal will final and made official early in 2012.
Motorola’s CEO, Sanjay Jha, expressed his optimism regarding the vote. The CEO said, “We look forward to working with Google to realize the significant value this combination will bring to our stockholders and all the new opportunities it will provide our dedicated employees, customers, and partners.”
The deal is expected to close sometime in the early months of 2012. However, the acquisition may still be subject to investigation under SEC rules and regulations. This suggests that devices carrying the Google brand may not hit shelves as soon as you may think. In the meantime, enjoy current products such as the Motorola Xoom and Razr as well as incoming products such as the Xoom 2 and Xoom 2 Media Edition.
At first, we thought the search giant Google was merely interested in the vast patent portfolio of Motorola Mobility when it purchased the US-based phone manufacturer. Now, Google Chairman, Eric Schmidt, confesses that the recent acquisition wasn’t just about patents. It was also about hardware.
The Chairman revealed this information in the Salesforce.com conference. He explained that their biggest acquisition to date was also about hardware. He said, “We did it for more than just patents.”
He added, “We actually believe that the Motorola team has some amazing products coming….We’re excited to have the product line, to use the Motorola brand, the product architecture, the engineers.”
It looks like the search giant was mostly impressed with one of the most popular handsets ever designed, the Motorola RAZR. It was this level of innovation that attracted Google to Motorola Mobility.
Schmidt said, “These guys invented the RAZR. We know them well because they’re Google Apps users….[We like] having at least one area where we can do integrated hardware and software.”
From the Google Chairman’s excitement, it looks like we will be seeing a number of innovative devices from Google and Motorola or simply Googorola. Who knows what both the hardware innovator and the software giant have in store for us? All we know is, it’s going to be good.