China approves Google purchase of Motorola Mobility
Google cleared its last big hurdle, the Great Wall of China. Now, the search giant will be able to move forward with its purchase of Motorola Mobility for $12.5 billion.
The caveat is a minor one that would have likely been the case anyway, but China wasn’t going to take any chances. As part of the approval, Google must agree to keep Android free and available to other device makes for 5 years. They also joined the US and Europe in voicing the sentiment that Google must make Motorola patents available for fair licensing.
“Our stance since we agreed to acquire Motorola has not changed and we look forward to closing the deal,” a Google spokeswoman said in a statement.
The deal is expected to close as soon as next week.
