Saturday, May 19, 2012

China Approves Google's Motorola Mobility Deal [VIDEO]







Authorities in China have cleared Google's plan to acquire Motorola Mobility for $12.5 billion.

[More from Mashable: Second Grader’s ‘Pirate Times’ Wins 2012 ‘Doodle for Google’ Contest [PICS]]


If the deal closes, it will be Google's first hardware acquisition. It will also give the company access to Motorola's treasure trove of 17,000 patents.


Chinese regulators attached one big condition to their approval, according to the Associated Press: That Android for mobile devices will remain free for at least five years. Google has also received the go-ahead from Europeon and American authorities to move forward with the acquisition.

[More from Mashable: Here’s How Bad Android’s Fragmentation Problem Is [GRAPHIC]]


This story originally published on Mashable here.



Source & Image : Yahoo

No comments:

Post a Comment