Google- Motorola deal is on verge of completion
According to a latest update, Google is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility as soon as Wednesday.
Reliable insiders informed, Motorola has already outlined the timetable in documents it filed, following the approval of the deal by regulators in China.
To rewind: earlier in August 2011, Google, whose Android software is the top operating system for mobile devices, has announced to buy phone-maker Motorola for its 17,000 patents and 7,500 patent applications.
Analysts believe, China approval was the biggest hurdle preventing Google from closing the biggest deal in Google’s 14-year history.
It is believed; the latest deal between Google and Motorola will boost Google's competitive edge in the mobile device market as well as give search engine’s access to Motorola's range of Android powered offerings. This way, the deal is likely to be beneficial for both the companies.
However, the search giant has assured that the deal will not affect how Android is developed, and the operating system will remain open to all.
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