Google
has announced its acquisition of Motorola's mobile arm for 12.5 billion
dollars, few days after the Internet search received approval from the Chinese
government
Google
co-founder Larry Page confirmed in a blog post that the deal has now closed
"Motorola
is a great American tech company that has driven the mobile revolution, with a
track record of over 80 years of innovation, including the creation of the
first cell phone," Page wrote
"We
all remember Motorola's StarTAC, which at the time seemed tiny and showed the
real potential of these devices. And as a company who made a big, early bet on
Android, Motorola has become an incredibly valuable partner to Google," he
added
According
to The Telegraph, the deal helps Page, the push the web company needs to better
compete with Apple's iPhone and gain more clout for its Android software as it
expands in the hardware business
It
also gives Google a trove of 17,000 patents to protect Android devices in legal
disputes with competitorsThe acquisition, announced last year, had already
received approvals in Europe, the US and
other jurisdictions worldwide.
