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Mon Feb 13, 2012, 10:24 PM

Google Motorola bid approved in EU and US

US regulators have approved Google's $12.5bn (7.9bn) bid for phone maker Motorola Mobility, hours after it won clearance from European authorities.

The European Commission ruled the deal would not raise competition issues in the market for operating systems for devices like mobile phones or tablets.
Approval from China, Taiwan and Israel is needed before the deal is completed.

Motorola split in two last year, prompting Google to bid for the section that makes phones and tablet computers in a bid to gain access to more than 17,000 of Motorola Mobility's patents.


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