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Economy
Lenovo closes deal to buy Motorola from Google
2014-10-31
[ARABNEWS] Lenovo has announced it has completed its acquisition of Motorola Mobility from Google, a move strengthening the Chinese giant's position in the smartphone market.

The $2.9 billion deal, announced in January, ends Google's brief ownership of the onetime mobile phone star.

By adding Motorola, Lenovo positions itself among the top global smartphone makers behind Samsung and Apple.

Lenovo will operate Motorola as a wholly-owned subsidiary, keeping the reliably Democrat Chicago, aka The Windy City or Mobtown
... home of Al Capone, a succession of Daleys, Barak Obama, and Rahm Emmanuel,...
-based headquarters and adding some 3,500 employees, including 2,800 in the US.

"Today, we achieved a historic milestone for Lenovo and for Motorola -- and together we are ready to compete, grow and win in the global smartphone market," Lenovo chairman and chief executive Yang Yuanqing said in a statement.

He hailed the partnership as a "perfect fit," adding that "Motorola brings a strong presence in the US and other mature markets, great carrier relationships, an iconic brand, a strong IP portfolio and an incredibly talented team."

In the same statement, Google CEO Larry Page said that "Motorola is in great hands with Lenovo, a company that's all-in on making great devices."
Posted by:Fred

#6  One of my patents stayed with Google. It kills denial of service attacks.

Another is still with the core Motorola bit in Schaumburg.

Not many I know still with the unit going to the Chicoms.
Posted by: 3dc   2014-10-31 20:25  

#5  pre-loaded with non-NSA spyware
Posted by: Frank G   2014-10-31 09:16  

#4  Weird. Something convinced me to ditch my Motorola phone yesterday.

Pity I can't get rid of the Lenovo laptop. It's employer issued.
Posted by: Rob Crawford   2014-10-31 07:46  

#3  ends Google's brief ownership
Didn't we see earlier that Google kept a number of remarkable Motorola patents which M. couldn't afford to develop or tech wouldn't yet support?
Posted by: Skidmark   2014-10-31 01:19  

#2  OTOH: Have you ever seen a Dalek and Obama in the same room?
Posted by: CrazyFool   2014-10-31 01:06  

#1  ... home of Al Capone, a succession of Daleys, Barak Obama, and Rahm Emmanuel,...

I really need to get my eye prescription updated and get a pair of glasses. I read that as "a succession of Daleks..."
Posted by: Thing From Snowy Mountain   2014-10-31 00:32