Google-Motorola

Google’s Motorola Mobility unit is in the process of cutting an additional 1,200 jobs amid continued challenges in its core cellphone business. The cuts will eliminate more than 10 percent of the hardware maker’s workforce.

Google is putting the sprawling, 84-acre corporate campus of Motorola Mobility in Libertyville up for sale, five months after announcing plans to move about 2,200 employees to downtown Chicago from the far northern suburbs.

Samsung, the world’s largest seller of mobile phones, said it will start selling smartphones this year featuring the Tizen operating system backed by Intel.

Cable-equipment maker Arris Group has agreed to acquire Motorola's set-top box business from Google in a cash-and-stock deal valued at about $2.35 billion.

The phones in our pockets have become supercomputers that are changing the way we live. It’s now possible to do things we used to think were magic, or only possible on Star Trek--like get directions right from where we are standing; watch a video on YouTube; or take a picture and share the moment instantly with friends. It’s why I’m excited to announce today that our Motorola Mobility deal has closed.

So what happens next for the Google-owned Motorola group?

The first day as part of Google was greeted largely with a sigh of relief by Motorola Mobility employees, who have been waiting in limbo for months as the deal made its way through regulatory processes throughout the globe. The biggest changes made on May 22 were at the top of Motorola’s organizational chart.

Dennis Woodside is the new CEO of Motorola Mobility.

Could Microsoft be a winner in the Google-Motorola deal?

Authorities in China have approved Google's bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close soon.