Sunday, May 20, 2012

China Clears Google's Motorola Deal - WSJ.com

A major Motorola milestone finally closes
"Antitrust authorities in the U.S. and Europe have already given their blessing to the merger. Chinese authorities cleared the deal with a key condition: That Google keep Android free and available to other device makers for five years. Other conditions applied by the Chinese regulator echo concerns already raised in the U.S. and Europe, including Google's obligation to fairly license Motorola's patents.
"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 purchase now is expected to close within the next week."
China Clears Google's Motorola Deal - WSJ.com
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