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Google Completes Acquisition Of Motorola, New CEO Takes The Top Seat

The mobile game is about to change yet again, after 10 months Google’s $12.5 billion acquisition of Motorola has been completed.  Google’s Larry Page added, “I’m happy to announce the deal has closed. Motorola is a great American tech company, with a track record of over 80 years of innovation. It’s a great time to be in the mobile business, and I’m confident that the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.”

As part of the news, Google’s Dennis Woodside will be replacing Sanjay Jha as CEO of Motorola Mobility.  No word yet on if there will be any other layoffs.