Google Announces Official Acquisition Of Motorola Mobility

As the last remaining hurdle came down in the last few days, Google just announced they have finalized their acquisition of Motorola Mobility. Motorola CEO Sanjay Jha is stepping down as “long-time” Googler Dennis Woodside takes the reigns of Motorola after more than 80 years of history. As Google and Motorola completed their blessings from Europe, US and in the last few days, China, the Internet giant has completed it’s $12 billion dollar acquisition. Comments from Google CEO Larry Page follow below:

The phones in our pockets have become supercomputers that are changing the way we live. It’s now possible to do things we used to think were magic, or only possible on Star Trek–like get directions right from where we are standing; watch a video on YouTube; or take a picture and share the moment instantly with friends.

It’s why I’m excited to announce today that our Motorola Mobility deal has closed. Motorola is a great American tech company that has driven the mobile revolution, with a track record of over 80 years of innovation, including the creation of the first cell phone. We all remember Motorola’s StarTAC, which at the time seemed tiny and showed the real potential of these devices. And as a company who made a big, early bet on Android, Motorola has become an incredibly valuable partner to Google.

Sanjay Jha, who was responsible for building the company and placing that big bet on Android, has stepped down as CEO. I would like to thank him for his efforts and am tremendously pleased that he will be working to ensure a smooth transition as long-time Googler Dennis Woodside takes over as CEO of Motorola Mobility.

I’ve known Dennis for nearly a decade, and he’s been phenomenal at building teams and delivering on some of Google’s biggest bets. One of his first jobs at Google was to put on his backpack and build our businesses across the Middle East, Africa, Eastern Europe and Russia. More recently he helped increase our revenue in the U.S. from $10.8 billion to $17.5 billion in under three years as President of the Americas region. Dennis has always been a committed partner to our customers and I know he will be an outstanding leader of Motorola. As an Ironman triathlete, he’s got plenty of energy for the journey ahead–and he’s already off to great start with some very strong new hires for the Motorola team.

It’s a well known fact that people tend to overestimate the impact technology will have in the short term, but underestimate its significance in the longer term. Many users coming online today may never use a desktop machine, and the impact of that transition will be profound–as will the ability to just tap and pay with your phone. That’s why it’s a great time to be in the mobile business, and why I’m confident Dennis and the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.

Posted by Larry Page, CEO

Tags: , , , , , ,

  • Dswagg2k10

    Did I miss something? Motorola is an “American Tech Company?”

    • TommyOI

      duh! yeah

    • Mayur Patel

      Motorola is a Chicago area company.

  • Bleacherbums1

    Now moto has to deliver a smartphone that would compete with the likes of HTC , Sammy and Nokia. Better BUILT, some high end hardwares and revamp UI …. ahhhhh wishful thinking

  • http://twitter.com/squiggleslash s slash

    This is great for two major reasons:

    1. Motorola’s been a tad stale lately, I can’t help but feel Google’s the perfect company to fix them.

    2. I won’t have to correct all those annoying Facebook shills who have been posting “Google owned Motorola does something evil!” articles and comments all over the place pointing out that, uh, Google doesn’t own Motorola yet.

    Yay etc.

  • Xavier

    that last splash moto did that stuck around for a while was the razor….come on moto, this is “another” chance to make another splash

  • Xavier

    that last splash moto did that stuck around for a while was the razor….come on moto, this is “another” chance to make another splash

  • Erod188

    I’m still confused as what this all means what are we to expect out of all this or if we should expect anything at all

  • http://twitter.com/Jrperiod Lord Bailey

    Moto should now own the Nexus name and put out quality nexus devices.

    • Nick

      HTC and Samsung would love that….which is exactly why Google said they won’t do that.

  • Guest

    What does this mean for T Mobile?  A Cliq 3?

    • Xavier

       o hell no…cliq should stay dead lol

    • krazytrixxxsta

      lmao…

  • Deadeye37

    I’m hoping that this will help loosen Verizon’s hold on Motorola high end phones.  I would like to get that Moto RAZR MAXX, or some of their other high end devices.  It would just be nice to have T-mobile’s phones from Moto not be the Red-Headed Stepchildren to the phones sent to Verizon.

    • http://twitter.com/squiggleslash s slash

      Google have made it explicitly clear they’ll be running Motorola at arm’s length. There’s little reason to doubt this, especially as Android does not exist in a vacuum – if Google favors Motorola, then HTC, Samsung, et al, may see Microsoft’s offerings as somewhat more attractive.

  • Xavier

    for some reason, i just now started thinking…Moto would be first in line to get any and all android updates…and maybe delaying or making it longer for everyone else…samsung already takes long already…i don’t want to see HTC get treated like them in terms of updates once Moto starts to drop their devices into the market….

  • The Dude

    YAWN….

  • http://twitter.com/weekilter Joseph Singer

    What I want to know is if the new company will be named Googarola or Moogle.

  • AnonymousAndy

    I wonder if Sammy will license bb10 now that this deal is set in stone. 

  • BahamasGeek242

    I would be worried if I was any other OEM in the Android Phone Business besides Samsung and Motorola.  I feel like all Major OEM’S should put out a high-end Pure Google phone and let the battle begin.  That HTC ONE x should be a Nexus phone with stock ICS :( 

  • TYLERDERK

    G-MOBILE,,,,,,,,,,,,,,,,,,,,,