Washington, May 23 (ANI): Google has announced its acquisition of Motorola's mobile arm for 12.5 billion dollars, few days after the Internet search received approval from the Chinese government.
Google co-founder Larry Page confirmed in a blog post that the deal has now closed.
"Motorola is a great American tech company that has driven the mobile revolution, with a track record of over 80 years of innovation, including the creation of the first cell phone," Page wrote.
"We all remember Motorola's StarTAC, which at the time seemed tiny and showed the real potential of these devices. And as a company who made a big, early bet on Android, Motorola has become an incredibly valuable partner to Google," he added.
According to The Telegraph, the deal helps Page, the push the web company needs to better compete with Apple's iPhone and gain more clout for its Android software as it expands in the hardware business.
It also gives Google a trove of 17,000 patents to protect Android devices in legal disputes with competitors.
The acquisition, announced last year, had already received approvals in Europe, the US and other jurisdictions worldwide. (ANI)