Tuesday, May 22, 2012

Reuters: Technology News: Google closes Motorola deal, names new Motorola CEO

Reuters: Technology News
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Google closes Motorola deal, names new Motorola CEO
May 22nd 2012, 13:31

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Google CEO Larry Page speaks during a press announcement at Google's headquarters in New York, May 21, 2012. REUTERS/Eduardo Munoz

Google CEO Larry Page speaks during a press announcement at Google's headquarters in New York, May 21, 2012.

Credit: Reuters/Eduardo Munoz

NEW YORK | Tue May 22, 2012 9:31am EDT

NEW YORK (Reuters) - Google Inc completed its $12.5 billion purchase of Motorola Mobility, and the Web search leader named a new management team for the cellphone maker.

Google said on Tuesday that Motorola Chief Executive Sanjay Jha has stepped and has been succeeded by Dennis Woodside, former president of Google's Americas region. Woodside oversaw planning for the Motorola integration, according to Google.

The deal close comes just days after the companies gained approval for the acquisition from the Chinese government. European and U.S. regulators approved the deal in February.

(Reporting By Sinead Carew; editing by John Wallace)

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