iOS app Android app More

Google's Motorola Deal To Close This Week

AP  |  Posted: Updated: 05/22/2012 2:45 am

SAN FRANCISCO (AP) — Google is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings before Wednesday.

Motorola outlined the timetable in documents it filed Monday following Saturday's approval of the deal by regulators in China. That approval removed the final hurdle preventing Google from closing the biggest deal in its 14-year history.

The two companies announced the deal nine months ago.

Google Inc. prizes Motorola Mobility Holdings Inc. for its portfolio of more than 17,000 patents.

Owning the rights to those patents will provide Google and the mobile device makers who rely on its Android software with valuable weapons in an intellectual arms race with Apple Inc., Microsoft Corp. and other technology giants.

But investors are worried Motorola's business making phones will trim Google's profit margins.

Earlier on HuffPost:

Google's most expensive acquisitions ever:
Loading Slideshow...
  • #6 - ITA Software ($700 million)

    <strong>What people said...</strong> <a href="http://www.bloomberg.com/news/2010-04-21/google-said-to-be-in-talks-to-buy-travel-software-maker.html" target="_hplink">Henry Harteveldt</a>, analyst at Forrester Research: "Google's mission is to organize the world's information, and ITA does that for travel" <a href="http://hasbrouck.org/blog/archives/001881.html" target="_hplink">Edward Hasbrouck</a>, author and policy analyst for Consumer Travel Alliance: "Google's purchase of ITA Software is likely to be a bad thing for travelers." <strong>Acquired: 2010</strong> <em>Source: <a href="http://googleblog.blogspot.com/2010/07/taking-off-with-ita.html" target="_hplink">Google Blog</a></em>

  • #5 - AdMob ($750 million)

    <strong>What people said...</strong> <a href="http://www.nytimes.com/2009/11/10/technology/companies/10google.html" target="_hplink">Neil Strother</a>, analyst at Forrester Research: "The deal shows that Google is serious about becoming a major player in the mobile advertising ecosystem" <a href="http://www.nytimes.com/2009/11/10/technology/companies/10google.html" target="_hplink">Marc Rotenberg</a>, executive director of the Electronic Privacy Information Center: "We've reached a point in Google's evolution in which Washington agencies and Congressional committees need to look more closely at the company's dominance of Internet services" <strong>Acquired: 2010</strong> <em>Source: <a href="http://googleblog.blogspot.com/2010/05/weve-officially-acquired-admob.html" target="_hplink">Google Blog</a></em>

  • #4 - Waze ($1.1 Billion)

    Google <a href="http://allthingsd.com/20130611/google-officially-closes-waze-deal-will-keep-it-independent" target="_hplink">bought mapping startup Waze</a> for $1.1 billion on June 11, 2013, AllThingsD reports.

  • #3 - YouTube ($1.65 billion)

    <strong>What people said...</strong> <a href="http://www.marketwatch.com/story/google-buying-youtube-for-165-bln-as-street-cheers" target="_hplink">Goldman Sachs</a>: "We expect investors to be excited by the strategic opportunities, but they will be skeptical of the $1.65 billion price, given YouTube's early stages" <a href="http://money.cnn.com/2006/10/09/technology/googleyoutube_deal/" target="_hplink">Martin Pyykkonen</a>, analyst at Global Crown Capital: "I would think that a lot of advertisers would be willing to pay a premium for a video search ad opposed to paid search text" <strong>Acquired: 2006</strong> <em>Source: <a href="http://www.google.com/press/pressrel/google_youtube.html" target="_hplink">Google</a></em>

  • #2 - DoubleClick ($3.1 billion)

    <strong>What people said...</strong> <a href="http://www.wired.com/epicenter/tag/doubleclick/" target="_hplink">Federal Trade Commission</a>: "The FTC lacks the legal authority to block the transaction on grounds, or require conditions to this transaction, that do not relate to antitrust" <a href="http://www.wired.com/epicenter/tag/doubleclick/" target="_hplink">Jeff Chester</a>, executive director of the Center for Digital Democracy: "The FTC is supposed to protect the privacy of Americans in the digital age. The excuse offered by the majority of the commission-that consumer privacy can't be addressed by current antitrust law-reveals a lack of leadership and determination to protect U.S. consumers" <strong>Acquired: 2008</strong> <em>Source: <a href="http://googleblog.blogspot.com/2008/03/weve-officially-acquired-doubleclick.html" target="_hplink">Google Blog</a></em>

  • #1 - Motorola Mobility ($12.5 billion)

    <strong>What people are saying...</strong> <a href="http://www.businessinsider.com/google-motorola-deal-2011-8" target="_hplink">Henry Blodget</a>, editor-in-chief at Business Insider: "This deal could end up being a disaster" <a href="http://www.huffingtonpost.com/jeff-jarvis/google-buys-rat-poison_b_927155.html" target="_hplink">Jeff Jarvis</a>, author: "Google buys rat poison" <a href="http://www.telegraph.co.uk/technology/google/8702125/Google-buys-Motorola-Mobility-market-reaction.html" target="_hplink">Hendi Susanto</a>, analyst at Gabelli & Co: "Google and Motorola will create a stronger hardware - software integration to compete with Apple, Samsung, and HTC." <strong>Acquired: 2011</strong> <em>Source: <a href="http://googleblog.blogspot.com/2011/08/supercharging-android-google-to-acquire.html" target="_hplink">Google Blog</a></em>


FOLLOW TECH

From our partners


Filed by AP  |