October 21, 2017, 07:03:09 PM

collapse

* Hot Topics

* 'Like' And 'Follow' Us!

* Top Boards

* Top Poster

Babyfacemagee Babyfacemagee
385 Posts
Ziggy Ziggy
160 Posts
rabidhunter rabidhunter
94 Posts
DroidNerd DroidNerd
53 Posts
Clothednblack Clothednblack
40 Posts
productzer01 productzer01
40 Posts
JayJ JayJ
38 Posts
lowvolt
23 Posts

* Most Popular! (Karma)

Babyfacemagee Babyfacemagee
Popularity: 3
Ziggy Ziggy
Popularity: 3
DroidNerd DroidNerd
Popularity: 1
rabidhunter rabidhunter
Popularity: 1
Bionic
Popularity: 0
Deus
Popularity: 0
iuq
Popularity: 0
tomv5314
Popularity: 0

Author Topic: Report: Lenovo To Purchase Motorola Mobility From Google  (Read 1947 times)

Offline Babyfacemagee

  • Administrator
  • Sr. Member
  • *****
  • Posts: 385
  • Popularity: 3
    • View Profile
Report: Lenovo To Purchase Motorola Mobility From Google
« on: January 29, 2014, 05:01:49 PM »

Update:  Google Confirms Sale Of Motorola To Lenovo - Larry Page, Google CEO Explains Why Here.

In a deal that has taken many in the tech world by surprise, reports out to day have Google selling Motorola's handset division to Lenovo for $2.91 billion.  Google purchased the struggling handset maker only a couple of years ago for over $9 billion and many had praised Motorola's efforts at rekindling their phone division with the well received Moto X and Moto G as well as talk of upcoming wearable and tablet products.  Apparently Google isn't interested in being in the hardware business long-term, although it is still unclear if the company will continue making their Nexus devices. 

When purchasing Motorola,  it was speculated that Google was most interested in the portfolio of patents that Motorola had so that Google could fend off a legal battle against Android by Apple. It has been debated just how valuable those patents ended up being, but a recent deal just announced in the past 48 hours between Google and Samsung seems to probably have been made with knowledge of this Lenovo sale in mind.  The purchase of Motorola makes Lenovo automatically the 3rd largest handset maker in the U.S., a market they have been eager to get into with their phone business.  We'll have more info as we get it but in the meantime what are your thoughts of the sale of Motorola to Lenovo?

Engadget
« Last Edit: January 29, 2014, 05:12:37 PM by Babyfacemagee »


Use this link to get $10 in FREE BITCOIN when you open an account at Coinbase, the world's most popular and trusted cryptocurrency account.