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EC blesses Emerson's Motorola purchase
All your embedded communications now belong to us
EC antitrust regulators have allowed Emerson Electric's $350 million purchase of the embedded communications computing business of cell-phone maker, Motorola, to go ahead.
The division's embedded computing products and services are used by communication infrastructure and equipment makers for telecommunications, medical imaging and military applications.
The EC said that the sale of the embedded communications division would not significantly impede effective competition in Europe. The deal was announced in September and should be finalized by the end of the year.