New Delhi: Google has announced the completion of its $12.5 billion acquisition of cellphone maker Motorola Mobility Holdings on Tuesday. Sanjay Jha, who revived Motorola's Mobile Devices business, has stepped down as CEO and Dennis Woodside has been appointed as the new CEO of Motorola Mobility.
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. 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 Google spearheading investment across Europe, the Middle East, and Africa....more
07:17 PM, May 22, 2012
San Francisco: Google has completed its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings, Google said in a press statement. Google acquired Motorola Mobility for $40 per share in cash. This is the biggest deal in Google's 14-year history. The two companies announced the deal nine months ago. Google Inc. prizes Motorola Mobility Holdings Inc. for its portfolio of more than 17,000 patents. Owning the rights to those...
07:03 PM, May 22, 2012