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updated: 5/19/2012 5:49 PM

Google gets China OK for Motorola deal

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  • Google says authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever. Google Inc. is buying the mobile phone maker for $12.5 billion.

    Google says authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever. Google Inc. is buying the mobile phone maker for $12.5 billion.

 
Associated Press

Authorities in China have approved Google Inc.'s bid to buy Libertyville-based phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week. But Chinese regulators attached a big condition: That Google's Android operating system for mobile devices remain available to all at no cost for the next five years.

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