Google gets China OK for Motorola deal | CHINA US Focus

CHINA US Focus - Exclusive Analysis of the Politics, Economics, Military and Culture of China-US Relations.

FOLLOW US

Google gets China OK for Motorola deal

Associated Press
May 22, 2012
Share on FacebookFACEBOOK
Share on TwitterTWITTER
WEIBO
GOOGLE+

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.

But Chinese regulators attached a big condition: That Google's Android operating system for mobile devices remain available to all at no cost for the next five years.

The approval brings the Internet search giant closer to sealing its biggest acquisition ever. Buying Motorola allows Google to expand into manufacturing phones, tablet computers and other consumer devices for the first time. The deal also gives Google access to more than 17,000 Motorola patents.

Read Full Article HERE

News by Date

July 2014
M T W T F S S
« Jun   Aug »
 123456
78910111213
14151617181920
21222324252627
28293031  

Special Coverage

Sponsored Reports

This week in China-US Focus

Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox.

Real Time Web Analytics