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Tuesday, May 22, 2012

Google confirms Motorola Mobility acquisition and installs new CEO

Google has completed its acquisition of Motorola Mobility, having first announced its plans in August 2011.

Motorola Mobility CEO Sanjay Jha, who has run the Motorola mobile business since 2008, has stepped down and been replaced by Dennis Woodside.

Mr Woodside is the former President of Google’s Americas region, having started his career at Google leading investment across Europe, the Middle East, and Africa. He’s also previously been Managing Director for Google’s UK, Benelux & Ireland operations.

In a blog post, Google CEO Larry Page said “It’s a well known fact that people tend to overestimate the impact technology will have in the short term, but underestimate its significance in the longer term. Many users coming online today may never use a desktop machine, and the impact of that transition will be profound - as will the ability to just tap and pay with your phone. That’s why it’s a great time to be in the mobile business, and why I’m confident Dennis and the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.”

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Author: The Fonecast
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