European Commission Approves Google's Motorola Mobility Acquisition [Update: USA Too]

google has received approval european union planned purchase of motorola mobility. 1 of number of governmental approvals google needs before purchase can continue, including sign-offs governments of israel, taiwan, china, , united states. u.s. justice department expected approve acquisition week.




reuters:

quote

the eu executive, acts competition regulator 27-member european union, said deal not change market operating systems , patents these devices.

"we have approved acquisition... because upon careful examination, transaction not raise competition issues," eu competition commissioner joaquin almunia said in statement.

almunia said worried possibility of abuse of patents google , other firms involved in series of legal disputes on intellectual property rights.

click expand...

last year, google announced acquire motorola mobility $12.5 billion. if acquisition proceeds, google gain control of thousands of motorola's wireless patents, along handset manufacturing business, among number of other components.

google take charge of number of lawsuits motorola participating in, including number involving apple.

update: united states department of justice has signed off on acquisition well.

article link: european commission approves google's motorola mobility acquisition [update: usa too]

 

google got evil-er.

 

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