Corey Posted September 30, 2011 Share Posted September 30, 2011 The United States Justice Department has issued a request for more information from Google and Motorola Mobility concerning the search giant’s planned $12.5 billion acquisition of the phone maker. Google senior vice president Dennis Woodside explained that his company is still confident the deal will be approved. “We believe very strongly this is a pro-competitive transaction that is good for Motorola Mobility, good for consumers, and good for our partners,” he said, noting the “second request” form the DOJ was routine. “While this means we won’t be closing right away, we’re confident that the DOJ will conclude that the rapidly growing mobile ecosystem will remain highly competitive after this deal closes. We’ll be working closely and cooperatively with them as they continue their review.” Google announced in August that it intends to purchase Motorola Mobility and, shortly after, CEO Larry Page noted that Motorola’s patent portfolio will help Google’s Android partners against competitors. Despite public statements in support of the acquisition from HTC, Samsung and other Android heavy hitters, BGR has argued the purchase could potentially spell trouble for Motorola’s competitors. Read View the full article Quote Link to comment Share on other sites More sharing options...
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