Google’s multi-billion pound deal for Motorola is a step closer to being completed, after shareholders in the mobile maker agreed to the tie-up. 99 per cent of those present at the special meeting of Moto’s current owners voted in favour. So, how soon will we see Moto become the mobile manufacturing arm of Google? Read on and find out.
While the £8 billion deal was agreed back in August, it’s taken until now to get shareholders to give the green light to the merger, which means that everything should be signed off by the early part of next year.
Speaking about the vote, Moto CEO Sanjay Jha said, “We look forward to working with Google to realize the significant value this combination will bring to our stockholders and all the new opportunities it will provide our dedicated employees, customers, and partners.”
Although everything will be made official at the start of 2012, the deal may still be investigated by regulators in the US. That means Google made Android handsets are still some way off from hitting the shelves.
Via Electronista
