S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Google Deal for Motorola to Get US Approval (GOOG, MMI, AAPL, MSFT, RIMM, SNE, ERIC, EMC)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Sometime next week, the US Department of Justice is expected to give its stamp of approval to Google Inc.’s (NASDAQ: GOOG) $12.5 billion acquisition of Motorola Mobility Holdings Inc. (NYSE: MMI) and its 17,000 patents related to mobile phone and wireless technology. Bloomberg News cites unnamed sources for the story.

The DoJ is also expected to approve the $4.5 billion acquisition of some 6,000 patents belonging to bankrupt Nortel Network Corp. by a consortium that includes Apple Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT), Research in Motion Ltd. (NASDAQ: RIMM), Sony Corp. (NYSE: SNE), LM Ericsson Telephone Co. (NASDAQ: ERIC), and EMC Corp. (NYSE: EMC).

The Google-Motorola deal also needs approval from the European Commission, and a ruling from that body is due next week as well.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Half of America Still Feels Financially Exposed Despite 8% Jump in Security
David Beren |

Half of America Still Feels Financially Exposed Despite 8% Jump in Security
52% of Americans Are Building Wealth While Ignoring Their Greatest Risk
David Beren |

52% of Americans Are Building Wealth While Ignoring Their Greatest Risk

Continue Reading

Paul Ausick |

Apple Wins German Patent Ruling Over Motorola (AAPL, MMI, GOOG)

A patent dispute over the “slide-to-lock” feature between Apple Inc. (NASDAQ: AAPL) and Motorola Mobility Holdings Inc. (NYSE: MMI) in…
Douglas A. McIntyre |

Google Follows Apple Into Hardware, But With Weak Hand

Google (NASDAQ: GOOG) will buy mediocre handset firm Motorola Mobility (NYSE: MMI). It is probably a play to compete with…
Douglas A. McIntyre |

HTC Files Suit Against Apple (AAPL, MMI, GOOG, HPQ, SSNLF)

In the seemingly never-ending round of intellectual property lawsuits over smartphone technology, Taiwan’s HTC Corp. has fired the latest shot.…
Jon C. Ogg |

Patent Trolling: Kodak Next Up (EK, GOOG, MMI, AAPL, MSFT, RIMM, EMC)

The next round of smartphone patent buying may focus on Eastman Kodak Co.  (NYSE: EK), the 130-year old photography giant…
Jon C. Ogg |

Patent Wars Cost Society $500 Billion (AAPL, GOOG, RIMM, SSNLF, SNE, ERIC, NOK, MMI, EK, RMBS, ACTG, IDCC, TSRA, WILN)

When news hits the street of another patent lawsuit, the characteristic reaction of some investors is to dump the defendant’s…
Paul Ausick |

Google Gets European OK for Motorola Acquisition (GOOG, MMI)

Google Inc. (NASDAQ: GOOG) has received approval from the European Union for its $12.5 billion acquisition of Motorola Mobility Holdings…
Paul Ausick |

Decision Looms in Apple, HTC Patent Dispute (AAPL, GOOG, MMI)

The US International Trade Commission is expected to issue a ruling on Wednesday in a patent dispute between Apple Inc.…
Paul Ausick |

Google to Help Vendors Fight the “Apple Thing” (GOOG, AAPL, MSFT, SSNLF, HTCKF, MMI, ORCL)

On a visit to Taiway yesterday, Google Inc. (NASDAQ: GOOG) chairman Eric Schmidt told smartphone makers that the company will…
Paul Ausick |

Europe Stalls Google, Motorola Merger (GOOG, MMI, AAPL)

The proposed $12.5 billion acquisition by Google Inc. (NASDAQ: GOOG) of Motorola Mobility Holdings Inc. (NYSE: MMI) has been wending…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618