China has approved Motorola deal, says Google

  • Google has said that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings.

    China's pending approval was the last regulatory obstacle to a deal that would allow the world's number one Internet search engine to develop its own line of smart phones.

    Google announced plans for the acquisition last year in a bid to secure Motorola's valuable patents.

    It also paves the way for a partnership between Google's Android mobile software and Motorola's handset business.

    U.S. and European regulators approved the deal in February.

    A main condition of the Chinese deal is that the Android system remains free and open for five years, according to a source familiar with the matter.


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