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Google gets approval to acquire Motorola

After receiving early approval from the European Commission, Google has now been notified by the US Department of Justice that it is free to continue the acquisition process for Motorola Mobility, Motorola's cell phone division.

?The combination of Google and Motorola Mobility will help to boost Android. It will also improve competition for consumers and offer faster innovation, greater choice and wonderful user experiences, ?announced Don Harrison, Vice President and Deputy General Counsel at Google.

Announced to the public on August 15, 2011, in a press release, the Mountain View giant plans to acquire Motorola at an approximate value of $ 40 per share, resulting in a total of $ 12.5 billion.


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