Motorola is Now Official Owned by Google and approved by EU

Today Google have been given the official final OK by the European Union to purchase Motorola Mobility. This unconditional regulatory approval will allow Google to purchase the handset maker for a total of $12.5 billion USD, the EU noting though that they would be monitoring the company and rivals use of Motorola patents to ensure they all comply with their antitrust rules galore. This deal was originally announced this past August and still needs U.S. Justice Department approval before it can be finalized. We can Now say that Motorola is Officially owned by Google.

This merger comes without concern from the EU on whether it will present any competition issues, but the idea that Motorola was purchased for its patents is alive in the minds of more than just Google.