WASHINGTON Feb 3 Google Inc Executive
Chairman Eric Schmidt expressed confidence on Monday that Lenovo
Inc would gain approval from U.S. regulators to buy
Google's Motorola smart-phone hardware business in what would
be China's biggest technology acquisition to date.
Schmidt said he saw "a good chance" of the deal passing
muster with the Committee on Foreign Investment in the United
States, which monitors acquisitions by overseas corporations.
Speaking at a dinner organized by the Cato Institute think
tank, Schmidt said Lenovo's previous experience buying IBM's
ailing personal computer division in 2005 would stand it
in good stead as it seeks the green light to acquire Motorola
for about $2.91 billion.