Mergers and Acquistions News
Categories: Telecoms
November 8th 2011, 11:37AM
Google will not let its acquisition of Motorola have a huge impact on its Android technology business, it has pledged.
Earlier this year, the internet search engine giant revealed it had purchased the handset manufacturer for a sum of $12.5 billion (£7.7 billion) and this raised some concerns within the market that Google could become a major rival to licensees of Android services.
However, Eric Schmidt, executive chairman of the group, has insisted this will not be the case.
"With all of our partners, we told them that the Motorola deal will close and we will run it sufficiently and independently, that it will not violate the openness of Android," the official stated.
Mr Schmidt went on to note that the agreement for Motorola will not in any way change the way Google operates.
Recently, the firm has been considering rivalling Microsoft in a multi-billion dollar bid to purchase Yahoo. 
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