May 22 AT 8:20 AM Anthony Domanico 36 Comments

Goodbye, Moto: Google now officially owns Motorola Mobility

Motorola_HQ

Goodbye, Moto. And thank you for a wonderful 85 years of business.

After China removed the last hurdle to Google’s takeover of Motorola Mobility, we knew it was only a matter of time before Google deemed the acquisition process complete. As part of the completed acquisition, Motorola Mobility will cease trading on the New York Stock Exchange effective immediately.

Motorola Mobility employees are likely sitting around this morning trying to figure out exactly what a takeover means for them. In the past few days, we’ve heard rumors of the customary massive layoffs that tend to result from two companies merging together. Motorola Mobility CEO Sanjay Jha is out, paving the way for long-time Googler Dennis Woodside to take the reins.

As Google now owns a major handset maker, the company needs to decide what approach it’ll take when it comes to the hardware business. They’ve previously suggested that they will take more of a hands-off approach to hardware, running newly-acquired Motorola Mobility as a true separate entity and largely letting them maintain the status quo. As part of the approval process, China required that Android stay open for at least another 5 years, which coupled with the rumors of multiple Nexus OEM partners suggest that Google doesn’t intend to play favorites with Motorola.

Time will tell how long that lack of a tight partnership with its own company will last. We’re looking forward to seeing what comes out of Motorola Mobility now that Google is running the ship. More stock Android devices will hopefully be Google’s top priority, and get those Blur developers working alongside Google engineers on Android 5.

Show Press Release

Google Acquires Motorola Mobility

MOUNTAIN VIEW, Calif., May 22, 2012 /PRNewswire/ – Google Inc. (NASDAQ: GOOG) announced today that the acquisition of Motorola Mobility Holdings, Inc. (NYSE: MMI) has closed, with Google acquiring MMI for $40.00 per share in cash.

The acquisition will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Sanjay Jha, who revived Motorola’s Mobile Devices business and led the company through this acquisition, has stepped down as CEO, although he will continue to work with Google to help ensure a smooth transition.

Dennis Woodside, who has overseen integration planning for the acquisition and previously served as President of Google’s Americas region, has become CEO of Motorola Mobility.

Larry Page, CEO of Google, said, “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.

“Sanjay Jha, who was responsible for building the company and placing a big bet on Android, has stepped down as CEO. I would like to thank him for his efforts and am tremendously pleased that he will be working to ensure a smooth transition as long-time Googler Dennis Woodside takes over as CEO of Motorola Mobility.

“I’ve known Dennis for nearly a decade, and he’s been phenomenal at building teams and delivering on some of Google’s biggest bets. Dennis has always been a committed partner to our customers and I know he will be an outstanding leader of Motorola—and he’s already off to great start with some very strong new hires for the Motorola team.”

Dennis Woodside, CEO of Motorola Mobility, said: “Motorola literally invented the entire mobile industry with the first-ever commercial cell phone in 1983. Thirty years later, mobile devices are at the center of the computing revolution.

“Our aim is simple: to focus Motorola Mobility’s remarkable talent on fewer, bigger bets, and create wonderful devices that are used by people around the world.”

Dennis Woodside has hired a small number of leaders who will immediately join Motorola’s executive team, including Regina Dugan (former Director of DARPA), Mark Randall (former supply chain VP at Amazon and previously at Nokia), Vanessa Wittman (former CFO of Marsh & McLennan), Scott Sullivan (former head of HR at Visa and NVIDIA), and Gary Briggs (former Google VP of Consumer Marketing). In addition to these new leaders, many members of Motorola Mobility’s team will continue in their current roles: Iqbal Arshad (Product Development), Marshall Brown (Chief of Staff), Fei Liu (Mass Market Products), Dan Moloney (Home), Scott Offer (General Counsel), Mark Shockley (Sales), Mahesh Veerina (Software & Enterprise) and Jim Wicks (Consumer Experience Design).

Woodside added: “Motorola Mobility has many outstanding leaders, including people who were behind the original RAZR in 2004 and recent successes like the Droid and RAZR MAXX. Our colleagues joining the team come from varied backgrounds, from DARPA to Amazon and NVIDIA, but they all share a track record of leading innovation at speed, and a great deal of excitement about the mission ahead.”

About Dennis Woodside
Dennis Woodside oversaw Google’s acquisition of Motorola Mobility, and is former President of Google’s Americas region. He has worked with partners, governments and advertisers in more than 30 countries. Most recently, Dennis was responsible for Google’s Sales & Operations in the Americas. In the U.S. alone, Dennis and his team drove revenue from $10.8 billion to $17.5 billion in under three years. He also was the lead business partner for Google’s advertising product development team, helping launch new ad products globally. Dennis started his career at the company spearheading investment across Europe, the Middle East, and Africa. He was responsible for the overall go-to-market, product offering and acquisition strategies in these markets, which boasted a 20-fold increase during his tenure. Revenues grew to over $2 billion.

About Google Inc.
Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by phrases such as Google or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe the future impact of the Motorola Mobility acquisition, including its financial impact, and other statements of management’s beliefs, intentions or goals also are forward-looking statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on Google’s results of operations, financial condition, or the price of its stock. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to the ability of Google to successfully integrate Motorola’s operations, product lines and technology; the ability of Google to implement its plans, forecasts and other expectations with respect to Motorola’s business and realize additional opportunities for growth and innovation; and the other risks and important factors contained and identified in Google’s filings with the Securities and Exchange Commission (the “SEC”), any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. Google does not undertake any obligation to update the forward-looking statements to reflect subsequent events or circumstances.

Source: Google Blog

Anthony loves all things technology, from hardware to apps and games. You can connect with him via Google+ or Twitter by clicking one of the fancy doo-dads above.

    Most Tweeted This Week

  • http://www.mlswanson.com SparkyXI

    After having read that Google blog post, it sounds like Google isn’t just going to “take the backseat” with Moto. Here’s to hoping Moto becomes *the* Google phone.

  • Lightning7

    I have a sneaking suspicion this will help make Android for Desktop:
    1. Motorola has a deal with Intel to make devices with the Medfield chip
    2. Google is partnering with Intel for the official Android x86 port
    3. Motorola is now officially Google

    • http://ArtisticAbode.com BetterWithRoot

      That’s a great theory with supporting facts. +1 to you!

      • Lightning7

        Thank you, I appreciate your feedback.

        • http://ArtisticAbode.com BetterWithRoot

          I just remembered that Moto had a little experience with the whole webtop thing with the Atrix. I think this lends some more credence to your theory.

          • zerosix

            By the way, Google has Chrome OS. Probably, one day we’ll see an explosive mix of Android, Chrome OS and x86.

    • http://thisisjohncoffey.com JohnnyACEâ™  GRAND MASTER SEN$Ei {{-_-}}â„¢

      If so, BRING IT ON.

      Android + Chrome = Windows/Mac KILLER.

      {{-_-}}

  • Brent

    It’ll be interesting to see exactly how this plays out. I was originally completely against Blur but having had a Droid4 for a couple months it actually has some interesting features to it. Having the combined power of Motorola’s developers and Google’s developers potentially collaborating can only be a good thing in the long run. And maybe with Google in charge it’ll light a fire under Motorola to get updates out faster.

    It’s going to be a fun watching this play out.

  • fletchtb

    I predict Google sells the hardware business. How long until the Huwei rumors start up again?

    • zerosix

      Quite long, because they wouldn’t replace Jha with a googler if they wanted just to sell the HW business.

  • Laurel laurel25

    I’m really hoping that this paves the way for more stock Android (not necessarily “Nexus” branded”) devices. I’m really interested where Motorola ends up in 5 years or so – will they still exist, will they still be producing Blur, etc.

    • http://ArtisticAbode.com BetterWithRoot

      It would be nice for them to unlock the boot loader though.

  • Chuck

    The the rumour about them using multiple manufacturers for Nexus devices will allow them to release a killer Nexus phone of their own. It would make sense

    • Lightning7

      This, because then there wouldn’t be any anger from other OEMs. If there is 5, I will either pick up an HTC or Motorola Nexus.

      • thekaz

        I agree – I think some competition for the Nexus phone or between Nexus phones can only help drive the technology (hardware and software) forward and keep producing better and better android phones.

        • zerosix

          And make the Nexus-line more notable and popular with customers.

    • AppleFUD

      That’s similar to what I was thinking.

      If they allow the major OEMs to have early access to the latest version of Android then Moto can have early access as well and no one can complain. Then we all should see much better updates/upgrades, at least from Moto, and most likely stock Android – maybe they can even sell the carriers on carrying Moto handsets with no crapware and allow Moto to push the updates (ala apple) – fingers crossed.

  • http://droidsamurai.blogspot.com DroidSamurai

    My wishes:

    1) Motorola phones doesn’t have to be Nexus, but they MUST be stock Android phones

    2) Any “Blur” customizations, if found to be useful, should be part of the stock Android OS. Otherwise, please pack and throw them away

    3) If, IF, Motorola has to differentiate its phones in the software, makes them available as apps that other vendor’s Android phones can be used (as long as the hardware supports that) and charges for the apps. Motorola can bundle the app free with their phones.

  • jamal adam

    This great news. Can’t wait to see what Google does. Hopefully more stock Android phones will be coming in the near future. Motorola, for 85 years you’ve had a great business going but now it’s time for Google to be at the helm and drive into a future of more Awesomeness.

  • http://www.infotainmentempire.com pekosROB

    Would be awesome if Google just decided to upgrade every Motorola device that could to ICS like NOWWWW……

    but that’s not gonna happen!

  • BigBossPaul

    I think this will be great for Android.

  • Chaoz

    Motoroogle for the win! :D

  • Fuzzypaws

    It’d be awesome if the new Moogle phones going forward were all stock. It would provide a nice counterpoint and distinguishing factor from the phones of the other major manufacturers. Combine that with what they said about focusing on fewer devices per year, and you might actually start seeing their phones get updates again.

  • skugern

    Here’s to hoping for better quality phones for T-Mobile.

    • Magnolia Man

      here’s to hoping they buy out T-Mobile now and complete the triangle..

      software – hardware – carrier

      top of the line hardware with bloat-free software on a gsm carrier !!
      what more could u ask for?

  • Nathan D.

    Now we wait to see what comes out of this partnership.

  • Raptor

    Moglerola

  • cb2000a

    This will save Motorola for now….

  • Guest

    > China required that Android stay open for at least another 5 years

    Was Google planning on switching Android to a closed-OS soon?

  • Andrea Cristiano

    I see that after the 5 year window Google will incorporate all the hardware alla apple, and have complete control of hardware/software compatibility. I know android fan boys will hate this theory but it is the most cost effective and profit positive business model if done correct. Hate it or not Google is in business to make money and no one is bigger than apple or has bigger cash reserves

  1. After having read that Google blog post, it sounds like Google isn’t just going to “take the backseat” with Moto. Here’s to hoping Moto becomes *the* Google phone.

  2. I have a sneaking suspicion this will help make Android for Desktop:
    1. Motorola has a deal with Intel to make devices with the Medfield chip
    2. Google is partnering with Intel for the official Android x86 port
    3. Motorola is now officially Google

  3. BrentGuest 3 years ago

    It’ll be interesting to see exactly how this plays out. I was originally completely against Blur but having had a Droid4 for a couple months it actually has some interesting features to it. Having the combined power of Motorola’s developers and Google’s developers potentially collaborating can only be a good thing in the long run. And maybe with Google in charge it’ll light a fire under Motorola to get updates out faster.

    It’s going to be a fun watching this play out.

  4. I predict Google sells the hardware business. How long until the Huwei rumors start up again?

  5. I’m really hoping that this paves the way for more stock Android (not necessarily “Nexus” branded”) devices. I’m really interested where Motorola ends up in 5 years or so – will they still exist, will they still be producing Blur, etc.

  6. ChuckGuest 3 years ago

    The the rumour about them using multiple manufacturers for Nexus devices will allow them to release a killer Nexus phone of their own. It would make sense

    • This, because then there wouldn’t be any anger from other OEMs. If there is 5, I will either pick up an HTC or Motorola Nexus.

    • AppleFUDGuest 3 years ago

      That’s similar to what I was thinking.

      If they allow the major OEMs to have early access to the latest version of Android then Moto can have early access as well and no one can complain. Then we all should see much better updates/upgrades, at least from Moto, and most likely stock Android – maybe they can even sell the carriers on carrying Moto handsets with no crapware and allow Moto to push the updates (ala apple) – fingers crossed.

  7. My wishes:

    1) Motorola phones doesn’t have to be Nexus, but they MUST be stock Android phones

    2) Any “Blur” customizations, if found to be useful, should be part of the stock Android OS. Otherwise, please pack and throw them away

    3) If, IF, Motorola has to differentiate its phones in the software, makes them available as apps that other vendor’s Android phones can be used (as long as the hardware supports that) and charges for the apps. Motorola can bundle the app free with their phones.

  8. This great news. Can’t wait to see what Google does. Hopefully more stock Android phones will be coming in the near future. Motorola, for 85 years you’ve had a great business going but now it’s time for Google to be at the helm and drive into a future of more Awesomeness.

  9. Would be awesome if Google just decided to upgrade every Motorola device that could to ICS like NOWWWW……

    but that’s not gonna happen!

  10. I think this will be great for Android.

  11. Motoroogle for the win! :D

  12. It’d be awesome if the new Moogle phones going forward were all stock. It would provide a nice counterpoint and distinguishing factor from the phones of the other major manufacturers. Combine that with what they said about focusing on fewer devices per year, and you might actually start seeing their phones get updates again.

  13. Here’s to hoping for better quality phones for T-Mobile.

    • here’s to hoping they buy out T-Mobile now and complete the triangle..

      software – hardware – carrier

      top of the line hardware with bloat-free software on a gsm carrier !!
      what more could u ask for?

  14. Now we wait to see what comes out of this partnership.

  15. RaptorGuest 3 years ago

    Moglerola

  16. This will save Motorola for now….

  17. GuestGuest 3 years ago

    > China required that Android stay open for at least another 5 years

    Was Google planning on switching Android to a closed-OS soon?

  18. Andrea CristianoGuest 3 years ago

    I see that after the 5 year window Google will incorporate all the hardware alla apple, and have complete control of hardware/software compatibility. I know android fan boys will hate this theory but it is the most cost effective and profit positive business model if done correct. Hate it or not Google is in business to make money and no one is bigger than apple or has bigger cash reserves