Googlerola

Google CEO Larry Page this morning penned a blog post announcing the close of his company's acquisition of Motorola Mobility (thanks to China's recent approval) -- and the departure of Sanjay Jha as Moto CEO. Taking over is Google's Dennis Woodside, whom Page notes increased revenue in the Americas region by some $6.7 billion in three years.

The big question, of course, is exactly what Google plans on doing with Motorola, Page's post was long on cheerleading and short on strategic answers. No surprise there, but Page does stress the importance of the mobile space, saying:

"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."

Woodside, for his part, wrote in a release that "“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.”

Motorola's news release notes that Woodside has brought on board execs from DARPA, Nokia, Google and NVIDIA (among others) and has retained a number of Motorola executives in their current roles, including product development, mass market products, software and enterprise and consumer experience design.

Read Page's full post and Motorola's release at the source links below.

Source: Google; Motorola