Google announced Sunday that the acquisition of Motorola Mobility has closed, means the deal is done now and the search giant has acquire the $12.5 billion entity – the Motorola Mobility. The Chinese authority over the weekend approved Google’s $12.5 billion Motorola Mobility acquisition which later Motorola Mobility filed an 8-K form noting that it will close in the next two days and it was completely done.
But, now the next big question surrounds that what Google will do with this newly acquired $12.5 billion Motorola Mobility entity. The Guardian quoted executive chairman Eric Schmidt saying that Motorola will have “more investment in products and a lot more focus on Android and the tools even than they have today.”
While on Forbes, saying that, “We closed this morning in Chicago, which I think means right now [he was speaking at around 3PM in the UK, so 9am in Chicago] From your perspective what I think it means is more investment in Motorola products, under the Motorola brand – the Motorola brand will continue, and be run as a separate division – and a lot more focus on Android.”