Google/Motorola Buyout Imminent?

 

Google has just become one step closer to the purchase of mobile phone manufacturer motorola after the european commission gave the green light to the acquisition. The 12. billion buy out would give Google access to Motorola's extensive library of patents.

The internet giant is looking to grow its android library and access to Motorola's 17,000 patents would help this along. Regulators were concerned that Google's acquisition of Motorola would impact badly on the telecoms industry but they seem to have dealt with these fears.

If the takeover is successful Google will be in posession of one of telecoms largest and most significant patent libraries and it is expected that they will also make the move into manufacturing their own handsets which could be a massive money spinner for the company.