It has taken good nine months but it is finally official – Motorola Mobility is now a part of Google Inc. Google is yet to reveal the future plans but has confirmed that Sanjay Jha will step down as CEO and Dennis Woodside will take his place instead.
Back in August, Google bought the Motorola spin-off for $12.5 billion or $40 per share. Google is expected to run Motorola as a separate unit.
[Via Google]
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