Google CEO Larry Page has revealed the firm's much anticipated $12.5 billion acquisition of Motorola Mobility has been completed a whole nine months after the move was announced.
As expected, Motorola CEO Sanjay Iha has immediately stepped down from his post, with Google SVP Dennis Woodside taking up the position in response.
Arm's length
Included as part of the deal is a significant portfolio of patents that Google will add to its now sizeable stores.
Just what motivated the deal, however whether a move for the firm's patent library, or an intention to control Android's hardware through its new subsidiary remains unclear.
Back in October 2011, senior Google VP Andy Rubin promised that a Google-owned Motorola would be run "at arm's length."
Nevertheless, commentators have been quick to question whether the installation of Woodside as the manufacturer's CEO suggests this strategy may has been revised.
Turning the Page
"As a company who made a big, early bet on Android, Motorola has become an incredibly valuable partner to Google," said Page of the deal.
"Sanjay Jha, who was responsible for building the company and placing that big bet on Android, has stepped down as CEO.
"I would like to thank him for his efforts and am tremendously pleased that he will be working to ensure a smooth transition as long-time Googler Dennis Woodside takes over as CEO of Motorola Mobility."
[source: Google]
News
Related Articles
News
Apr 20th, 2024
PocketGamer.biz Podcast Week in Views E08 - The UK games industry's skills crisis, Fallout's TV success, and Epic's endless court battles
Top Stories
News
1 hour, 39 minutes ago
Niantic celebrate Earth Day success with 3.4 million players taking part
as
News
May 15th, 2024
Nexon banks on $22bn IP Dungeon & Fighter being a mobile hit in China as Q1 revenue declines
Feature
7 hours, 46 minutes ago
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
as
Feature
9 hours, 13 minutes ago
Honor of Kings set for June 20th global launch after $15 billion+ revenue in China
Feature
May 14th, 2024
Matej Lančarič's Squad Busters deep dive: Under the skin of 2024's biggest launch yet
Events
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Valencia Indie Summit 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |