::::Google names new Motorola Mobility CEO::::

<div class=&quot;custm_img_blk&quot;><img src=&quot;http://www.techgig.com/files/photo_1337713201_temp.jpg&quot; border=&quot;0&quot; width=&quot;300&quot; height=&quot;200&quot; align=&quot;left&quot; /></div><p>Google Inc completed its $12.5 billion purchase of Motorola Mobility Holdings Inc and named a new chief executive for the cellphone maker, who vowed to focus on &quot;fewer, bigger bets.&quot;</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>Google, which made the deal to gain access to Motorola's vast trove of technology patents, said on Tuesday that Motorola Chief Executive Sanjay Jha has stepped down and has been succeeded by Dennis Woodside, former president of Google's Americas region.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>Woodside oversaw planning for the Motorola integration, according to Google. Jha will be retained to help manage a transition period.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>The deal closing came just days after the companies won approval for the acquisition from the Chinese government. European and U.S. regulators approved the deal in February.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>To gain approval in China, Google said the company promised to keep its Android mobile phone software open and free for at least five years and agreed to charge fair and reasonable fees for technology licenses.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>Motorola spokeswoman Jennifer Erickson said Woodside's &quot;fewer, bigger bets&quot; would mean a simpler strategy: Fewer but bigger phone launches for Motorola Mobility, which will be an independent subsidiary of Google.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>Woodside hired a slew of outside executives to run the company, including Vanessa Wittman, former chief financial officer of Marsh &amp; McLennan Cos Inc (<span>MMC.N</span>), as CFO of Motorola Mobility.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>Mark Randall, the former supply chain vice president at Kindle maker Amazon.com Inc (<span>AMZN.O</span>), was appointed as the mobile unit's new head of supply chain.</p><p style=&quot;margin: 0px 0px 10px; padding: 0px&quot;>The company will retain some Motorola executives, including Iqbal Arshad as head of product development, and Dan Moloney as head of the set-top box business.</p>

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