Industry News: US Department of Justice approves Google ’s acquisition of Motorola Mobile

In the early hours of February 14th, Beijing time, the US Department of Justice announced on Monday that it had approved Google (Weibo) 's $ 12.5 billion acquisition of Motorola (Weibo) Mobile. The former conducted this transaction to obtain Motorola Mobile's patent portfolio.

In addition, a consortium led by Apple has also received approval from the Department of Justice to allow it to acquire the patent portfolio of the bankrupt Canadian company Nortel Networks.

The US Department of Justice also said today that the Department will take firm enforcement action to ensure that basic patents (that is, patents that ensure the interoperability of mobile phones sold by different companies) can be fairly authorized for use.

Earlier on Monday, the European Commission had unconditionally approved Google's acquisition of Motorola Mobile.

Google ’s acquisition of Motorola Mobile is subject to approval by the Chinese authorities. The Chinese side needs to decide whether to approve the transaction or initiate a third-stage investigation before March 20. In addition, Israeli and Taiwanese regulators have not approved the transaction.

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