Google Completes Acquisition of Motorola, are initiated changes
After nine months since the announcement, Google completed the Motorola Mobility comptra today, with the approval of all regulatory agencies that were pending. A few days ago, China gave its approval to the acquisition, lighting the green light to finish the paperwork.
The first change is in the market for CEOs, where Sanjay Jha resigned to be replaced by Dennis Woodside, Google. Jha came to Motorola in 2008 and was responsible for the strategy of betting on Android, which revived the company with teams like the Droid. His departure had been decided some months ago .
Larry Page, Google CEO, said in a statement that “one of his first jobs was to get a backpack Google and build our business in the Middle East, Africa, Eastern Europe and Russia.” Woodside currently working as president for the Americas.
Woodside will also come along with Motorola Regina Durgan, former director of DARPA, Mark Randall, who previously worked at Amazon and Nokia, Gary Biggs, a former vice president of marketing at Google and Scott Sullivan, who worked previously at Visa and Nvidia.
What comes next for Motorola? Nobody is quite clear. Rumors are that there will be layoffs to reduce staff, while others say it could sell the division that makes smartphones, suggesting that Google really only interested in obtaining patents.
It is not known whether Google will to make hardware, and if so, how independent is Motorola’s headquarters in Mountain View.
Link: We’ve Acquired Motorola Mobility (Google Blog)Tags: acquisition, Google, Motorola, purchase