EU expected to OK Googerola deal next week

EU expected to OK Googerola deal next week
Hot on the heels of news that the U.S. Department of Justice will approve Google’s acquisition of Motorola, word has come in that the E.U. is also expected to approve the deal, possibly as early as Monday. While a handful of other countries are still required to provide regulatory approval, the E.U. was seen as a potential road block after consumer groups petitioned for a deeper probe into Google’s purchase of Motorola Mobility.

To ease concerns, Google released a letter this week stating the specific manner in which they planned to use Motorola’s patents for lawsuits (i.e. defensively) and placed a cap on the rate they’d ask for in FRAND-based patent licensing deals. It apparently assuaged any remaining doubts, as both the U.S. and E.U. are now expected to approve the deal without asking for any concessions. This should perhaps not be a surprise, since competitors Apple, RIM, and Nokia all make mobile operating systems and manufacture the hardware for them.

The deal won’t be completely in the clear – Chinese regulators have until March 20th to render an opinion on the deal. Regulators in Israel and Taiwan also still have to sign off on the deal before it can officially close. But U.S. and E.U. approval are major milestones on the way to completing the acquisition.

And just in time, as apparently Google has big plans for their new hardware division. Who’s looking forward to seeing what Googerola has up its sleeves in the coming years?

source: Reuters

FEATURED VIDEO

4 Comments

1. Stuticus

Posts: 26; Member since: Feb 05, 2012

Does anyone get a feeling like the 5 year old boy just bought a Rolls for his dad?

2. Carlitos

Posts: 671; Member since: Oct 23, 2011

I am betting that the next Nexus device is going to be made by motorola. And out of all the manufactures, i think Motorola has a great build quality in exception with HTC. They are both up there.

3. ivanko34

Posts: 617; Member since: Sep 04, 2011

Who cares of Europe ? Europe doesnt exist - it is just some buildings filled by voghons Whats the capital of Europe ? Whats the language of Europe ?

4. blazee

Posts: 414; Member since: Jan 02, 2012

Whats the capital and the language of North America?

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.