US, EU approves $12.5b Google-Motorola deal
Google prizes Motorola Mobility's more than 17,000 patents - a crucial weapon in an intellectual arms race with Apple, Microsoft and other rivals to gain more control over smartphones, tablets and other mobile devices. Google announced the deal six months ago.
The deal will "enhance competition and offer consumers faster innovation, greater choice and wonderful user experiences," Don Harrison, Google's deputy general counsel wrote in a blog post.
Besides signing off on the Motorola Mobility deal, the Justice Department also approved two other moves in the mobile patent battles. The approvals cover the $4.5 billion purchase of Nortel Networks patents by a group including Apple, Microsoft and BlackBerry maker Research in Motion Ltd. and a separate Apple acquisition of Novell Inc. patents.
The Justice Department ended its investigations after concluding the new patent owners won't try to drive up the prices of competing mobile devices by demanding exorbitant licensing fees. The agency said it was particularly concerned about key patents held by Motorola Mobility and Nortel.
Apple Inc. and Microsoft promised to license the Nortel patents on reasonable terms while Google's commitments on the Motorola Mobility patents were "more ambiguous," according to a statement from the Justice Department's antitrust division.
Full version