Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Lenovo to acquire Motorola Mobility
Posted on 30-Jan-2014 11:03. | Tags Filed under: News.



Google CEO Larry Page announced that Lenovo will acquire the Motorola Mobility smartphone business for US$2.91 billion.

Since being acquired by Google in 2012, Motorola has transformed itself, focusing on solving real consumer problems and providing amazing experiences built on a foundation of pure Android. The result has been Moto X, Moto G, and a reinvigorated Droid line.

Lenovo, which in 2005 acquired IBM’s PC business and its legendary PC brand, will now acquire world-renowned Motorola Mobility, including the MOTOROLA brand and Motorola Mobility's portfolio of innovative smartphones like the Moto X and Moto G and the DROID Ultra series. In addition to current products, Lenovo will take ownership of the future Motorola Mobility product roadmap.

Larry Page post in the Google Official Blog says “Lenovo has the expertise and track record to scale Motorola into a major player within the Android ecosystem. They have a lot of experience in hardware and they have global reach. In addition, Lenovo intends to keep Motorola’s distinct brand identity--just as they did when they acquired ThinkPad from IBM in 2005.”

Yang Yuanqing, chairman and CEO of Lenovo commented “We are confident that we can bring together the best of both companies to deliver products customers will love and a strong, growing business. Lenovo has a proven track record of successfully embracing and strengthening great brands – as we did with IBM’s Think brand – and smoothly and efficiently integrating companies around-the-world. I am confident we will be successful with this process, and that our companies will not only maintain our current momentum in the market, but also build a strong foundation for the future.”

Google will maintain ownership of the vast majority of the Motorola Mobility patent portfolio, including current patent applications and invention disclosures. As part of its ongoing relationship with Google, Lenovo will receive a license to this rich portfolio of patents and other intellectual property. Additionally Lenovo will receive over 2,000 patent assets, as well as the Motorola Mobility brand and trademark portfolio.


comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Government Limos
Created by networkn, last reply by joker97 on 30-Oct-2014 23:24 (78 replies)
Pages... 4 5 6


Snap refuses to replace faulty gear
Created by Brendan, last reply by MadEngineer on 28-Oct-2014 19:07 (92 replies)
Pages... 5 6 7


Speed limit when overtaking? Teach me please.
Created by nakedmolerat, last reply by joker97 on 28-Oct-2014 17:13 (123 replies)
Pages... 7 8 9


House Auctions
Created by t0ny, last reply by Geektastic on 27-Oct-2014 14:26 (80 replies)
Pages... 4 5 6


Won a prize draw at Homeshow....sort of.
Created by heylinb4nz, last reply by eracode on 30-Oct-2014 17:56 (15 replies)

Help choosing a BBQ
Created by lokhor, last reply by blakamin on 28-Oct-2014 21:30 (31 replies)
Pages... 2 3


Uber: a cheaper taxi ride?
Created by kingdragonfly, last reply by sbiddle on 31-Oct-2014 06:19 (26 replies)
Pages... 2


50 free Airpoints Dollars™ when you spend $300 OneSmart
Created by jnimmo, last reply by khull on 30-Oct-2014 16:04 (26 replies)
Pages... 2