Shareholders say yes to the acquisition of Motorola, which is about to be integrated into Google’s vast business. Little remains before the operation is fully concluded.
The acquisition of Motorola by Google is now truly on the verge of definitive completion: the verdict of the Antitrust authority, which is responsible for approving or opposing acquisitions of significant value, as is the case here, is expected shortly.
Meanwhile, the agreement between the two giants has received new confirmation, this time from an internal body that clearly has repercussions on corporate and market choices: the shareholders.
It has become known, in fact, that a remarkable 99% of Motorola shareholders have voted favorably on the very concrete prospect of the transaction.
This was officially announced by President Sanjay Jha, who is very optimistic about the outlook of the emerging new corporate reality, although not as quickly as some rumors from recent weeks suggested: the final acquisition process will evidently not be completed by the end of 2011, but will require several more months to finalize the operation, pending approval from the Antitrust authority, which is absolutely essential to proceed.
Certainly, receiving such a significant and positive endorsement from shareholders is an excellent way to inaugurate a partnership and a new path forward.
A path that speaks of acquired patents and new phones that Google would thus be able to produce almost exclusively, perhaps seeking to challenge Apple’s dominance and potentially reduce the market share of Asian manufacturers, strong in hardware.
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