Google’s $12.5 billion acquisition of Motorola Mobility approved by Department of Justice

Earlier today the EU approved the Google’s $12.5 billion acquisition of Motorola Mobility. Now, the United States Department of Justice has just announced they too have given the green light.

When the two companies announced this proposed deal in August of last year, Google specifically stated that “Our acquisition of Motorola will increase competition by strengthening Google’s patent portfolio, which will enable us to better protect Android from anti-competitive threats from Microsoft, Apple and other companies”. In addition, while most mobile manufacturers who use the Android platform all had the same canned corporate response and “welcomed” the news, most we’re concerned. However, Google’s Eric Schmidt says Motorola acquisition won’t “screw up” Android… “We won’t play favorites”.

Now we’ll see it all unfold…

Source: Reuters