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Google Acquires Motorola Mobility


Google Inc. announced today that the acquisition of Motorola Mobility Holdings, Inc. has closed, with Google acquiring MMI for $40.00 per share in cash.

The acquisition will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

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