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Google Inc. Acquires Motorola Mobility Holdings, Inc.


Tuesday, 22 May 2012 08:52am EDT 

Google Inc. announced that the acquisition of Motorola Mobility Holdings, Inc.(MMI) 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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