U.S. to Clear Google's Deal

Thursday Feb 9th 2012 by Datamation.com Staff
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Sources say the Justice Department plans to approve Google's purchase of Motorola Mobility--perhaps as early as next week.

Wall Street Journal: Unnamed sources tell the Wall Street Journal that the U.S. Justice Department is ready to approve Google's acquisition of Motorola Mobility for $12.5 billion. Official word could come as soon as next week. However, anti-trust enforcers plan to monitor Google's handling of Motorola's patents carefully--making sure that it offers fair and reasonable licensing as promised.

Sources say that the Justice Department also plans to give the green light to a deal which saw a consortium of tech companies, including Microsoft, Apple and RIM, purchasing Nortel's patent library.

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