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Motorola’s stockholders approve merger, welcome their new Google overlords

Motorola Mobility’s stockholders have voted overwhelming in favour of the proposed merger with Google.

Sanjay Jha, chairman and CEO of Motorola Mobility said in a statement “We are pleased and gratified by the strong support we have received from our stockholders, with more than 99 percent of the voting shares voting in support of the transaction. We look forward to working with Google to realize the significant value this combination will bring to our stockholders and all the new opportunities it will provide our dedicated employees, customers, and partners.”

Reports of stockholders holding ‘We Are The 99%’ banners aloft are unconfirmed.

To clarify, the deal isn’t done yet; the merger itself isn’t expected to “close by the end of 2011 or early 2012,” according to the statement on Motorola’s site.

The move, first announced back in August, is a hugely significant development for both Google and the Android ecosystem as a whole.

Google said at the time that the acquisition of a “a dedicated Android partner” will allow it to ‘supercharge’ Android and enhance competition in mobile computing.

Since the announcement, we’ve seen the release of the Motorola Razr, Motorola’s most promising phone to date. Two more tablets, the Motorola Xoom 2 and the Xoom 2 Media Edition have also been revealed; Motorola seems a little more supercharged already.

Pending the deal being signed, sealed and delivered, we’re looking forwards to seeing the fruits of the Google-Moto takeover.

Source: Motorola Mobility via Phone Arena

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