Larry Page, the CEO of Google, took to the company's official blog earlier today to confirm the official acquisition of hardware giant Motorola Mobility.
Page expressed his excitement over the purchase and recounted the history of Motorola in the cell phone market.
"Motorola is a great American tech company that has driven the mobile revolution, with a track record of over 80 years of innovation, including the creation of the first cell phone," said Page.
He also announced his appreciation for Motorola's support of the Android platform.
"We all remember Motorola's StarTAC, which at the time seems tiny and showed the real potential of these devices," added Page. "And as a company who made a big, early bet on Android, Motorola has become an incredibly valuable partner to Google."
Page also thanked Sanjay Jha, the former CEO of Motorola, who was responsible for building the company from the ground up. He placed a "big bet" on Android and Page noted that he is now helping to make the transition to Google ownership as smooth as possible.
Dennis Woodside, a long-time Google employee, will be taking Jha's place as CEO of the new Motorola.
Woodside is responsible for spreading Google's business throughout the Middle East, Africa, Eastern Europe and Russia. He also helped to increase the company's revenue in the U.S. from $10.8 billion to $17.5 billion in under three years during his tenure as President of Americas region for Google.
Motorola and Google have already enjoyed much success together with smartphones such as the Droid Bionic, Droid 4, and the wildly popular Droid Razr that launched at the end of last year.
Motorola's XOOM tablet line is also powered by Google's Android software.
This partnership is sure to help Google with its Android platform as well as produce better versions of those devices that have already been successful for the two companies.