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Last Updated: June 5th, 2012

In an AndroidPolice exclusive, a tipster has provided us reliable information that Eric Schmidt, CEO of Google (GOOG), has recently become an investor in the 3rd party mobile app distributor PocketGear. What does this mean? It seems most likely that Schmidt, and perhaps Google itself, are looking to see if PocketGear can provide a suitable distribution platform for Android apps. It looks to be classic Google strategy; invest early, foster growth, and if all goes well, acquire. While Schmidt and Google itself are not entities of completely parallel financial interests, Schmidt is the man in charge, and it is his own intuition that helps to guide Google as a company.