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China Approves Google Acquisition Of Motorola

5/21/2012 08:45:25 AM Eastern

New York - Google
and Motorola overcame the final regulatory hurdle in its planned $12.5 billion
acquisition of smartphone maker Motorola when the Chinese government gave its
approval to the deal.

 Following February approvals by the U.S. and
European Union, the maker of the Android OS is clear to finalize its purchase
of Motorola and put itself in 
competition with the handset makers that license Android. To assuage
handset vendors concerned about competing with the company that supplies
Android, Google has said it would let Motorola operate independently.

announced the deal last year in a bid to
acquire Motorola patents
to build its patent portfolio and protect the
Android ecosystem from competitors' patent claims.

Motorola said
it expects the deal to close in days.

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