Regulators clear Emerson takeover of Motorola unit

European Union regulators cleared US electrical products maker Emerson Electric's $350 million cash purchase of the embedded communications computing business of mobile phone maker Motorola, an Associated Press report said.

'The transaction would not significantly impede effective competition' in Europe, a statement from the European Commission quoted by the Associated Press, said.

Embedded computing technology is used to control machines or distant computer systems and manage information, the report said.

The business's embedded computing products and services are used by communication infrastructure and equipment makers for telecommunications, medical imaging and military applications, among others, it added.

The companies announced the deal in September, saying they expected the transaction to be finished by the end of the year, the report said.
Once it closes, the unit will become part of Emerson Network Power.