Google buys Motorola Mobility, Sanjay Jha resigned

Telecom Lead America: Google has completed the acquisition of
Motorola Mobility Holdings for $40 per share in cash. 

The $12 billion acquisition will enable search engine and mobile/tablet OS
giant 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. 
The sale of Motorola to Google cost Sanjay Jha’s job. He has stepped down as
CEO. He will work with Google to help ensure a smooth transition. 
Dennis Woodside has become CEO of Motorola Mobility.

Woodside has already overseen integration planning for the
acquisition and previously served as president of Google’s Americas region.
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,” said Larry Page, CEO of Google.
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,” said Dennis Woodside, CEO of
Motorola Mobility.
Dennis Woodside has hired a small number of leaders who will 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).

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