Report by JENIFERLAMUG
Google Inc. finally received approval from China on Saturday for a $12.5 billion bid to buy phone maker Motorola valuable patents. The deal, which is expected to close next week, also got one condition from Chinese regulators that is: Android operating system for mobile devices must remain free for five years.
The acquisition of Motorola will allow the internet search giant to build up its own line of smart phones, tablet computers and other consumer devices, the Associated Press in New York reported. The deal was first approved by the United States and European regulators in February but China disapproved it due to a dispute over censorship.
Google’s partnership with Motorola will be used to defend the company and Android phone manufacturers against intellectual property race with Apple Inc. and other rivals. Motorola has 17,000 patents and 7,500 patent applications.