The $12.5 Million deal to acquire Motorola Mobility has finally closed. Both US and European Union governments approved the deal months ago but China was the last hurdle. Thankfully for Motorola, who have been bleeding cash for the past few months, Google is now able to save the day.
After years of moving from top phone manufacturer to just one of many creating Android phones, Motorola has undergone serious reorganization spinning off the mobility division and losing market share to newcomers from Asia and Apple. Google’s buyout offer of $40 a share was enough to convince Motorola it could use some help. And now, Google controls Motorola Mobility’s vast patent portfolio in the hopes of defending Android from patent trolls, Apple, and Microsoft.
Of course, Motorola Mobility is likely to be seen as Google’s “favorite” Android manufacturer since the new issue of potential company nepotism has arisen. Google says however that they will not play favorites.