Google's Motorola acquisition approved by Justice Department

The United States Department of Justice has approved Google’s proposed $12.5 billion acquisition of Motorola Mobility, Reuters’s Poornima Gupta reports. The deal gained regulatory approval from the European Commission earlier on Monday, and a U.S. approval was expected to follow today or later this week. Google revealed its intention to purchase Motorola Mobility late last summer, pointing to the potential to create cohesive end-to-end solutions as one of the main draws for Google. “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies,” Google CEO Larry Page said in a statement at the time. “Together, we will create amazing user experiences that sup... »read more

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