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
May 4th, 2024
PocketGamer.biz Podcast Week in Views E10 - Brawl Stars smashes 2023 revenue, Square Enix’s extraordinary losses, and Haaland signs for Clash of Clans
News
May 3rd, 2024
Week in Views - Apple back themselves bigstyle, Clash bags Haaland and dreams come true at King
News
May 3rd, 2024
Week in Views - Apple back themselves bigstyle, Clash bags Haaland and dreams come true at King
News
May 3rd, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
LA Games Conference 2024 | North America | May 6th |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Develop: Brighton 2024 | Europe | Jul 9th |