The Commerce Department to assess Google's acquisition of motor: to be approved by the Chinese government – Google, motorcycle, acquisitions, the Chinese government, Android
Chinese Ministry of Commerce spokesman Shen Danyang Thursday, said the department is on Google to $ 12.5 billion acquisition of Motorola's mobile transactions to assess. Said Shen Danyang, Antitrust Bureau of the Chinese Ministry of Commerce is to assess the deal. In similar transactions, such an assessment is a routine procedure. Shen Danyang, said: \"We are still investigation and assessment related issues, we will promptly publish the latest developments. \"Under Chinese law, doing business in China, the global market in annual revenue over 10 billion yuan (about 1.55 billion U.S. dollars), as well as the Chinese market annual revenues of more than 400 million yuan of business during the time of acquisition, the Government must approval.Google 2010 search business to migrate to Hong Kong, but the company is still in mainland China to carry out other business. A Google spokesman said on Thursday: \"We have an application submitted in September, is still awaiting the results of the assessment. \"Although this assessment is just routine, but industry insiders speculated that the Chinese regulatory authorities may take advantage of this opportunity to conduct a Google search will be relocated their business to put pressure on. Yu, president of Analysys International, said that if the Chinese government does not approve the acquisition, then the acquisition will be difficult to complete. However, he believes that the Chinese government is unlikely to raise objections.Yu Yang, said: \"This year is very sensitive, I think it does not appear extreme or retaliatory practices. \"He believes that the approval of the deal, Google will be able to dialogue with the Chinese government, to find ways to carry out all operations in mainland China again.Beijing to an anonymous IT industry analyst, said: \"The Chinese government is adept at the use of such opportunities. The number of acquisitions of Chinese enterprises in the United States were rejected. The Chinese government may stand on the relative position, and said: 'Do you have your concerns and stop the transaction. 'This will neither side. \"U.S. and EU regulatory departments have approved the Google acquisition of Motorola's mobile's deal, and said that would be closely concerned about Google how to use patents awarded, in order to ensure that Google can at a reasonable price to other companies authorized for the telecommunications industry the necessary patents.Google last August, will acquire Motorola's mobile to get the company's 17,000 existing patents, and 7500 of the ongoing patent application. Google hopes these patents to protect the Android ecosystem.The acquisition of Motorola Mobile is the largest in the history of Google Inc., an acquisition will enable Google to enter the hardware market. Some investors worry that involved in the hardware business, Google's profit margins will be affected. Google says it will be Motorola's mobile to operate as an independent company.U.S. and European antitrust regulators want to prevent each company from excessive patent licensing fees charged to competitors to ensure that different communication devices can work together. Through this acquisition, Google will receive the mobile phone industry the largest one of the patent pool, and Google will be able to produce its own smart phone products. (/ SAN)
