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Lenovo also bought Motorola from Google

In just 48 Lenovo became an absolute hardware giant. After acquiring the IBM PC server division, it has now announced the acquisition of nearly $ 3 billion of Motorola from Google. The agreement provides for the payment of $ 2.91 billion, of which 1.41 paid at the close of the agreement (660 million in cash and 750 in Lenovo shares). (…)

In just 48 Lenovo became an absolute hardware giant. After acquiring the IBM PC server division, it has now announced the acquisition of nearly $ 3 billion of Motorola from Google. The agreement provides for the payment of $ 2.91 billion, of which 1.41 paid at the close of the agreement (660 million in cash and 750 in Lenovo shares). The rest will be paid over the next 3 years. The Chinese multinational brings home all of Motorola's mobile product portfolio, including the famous Moto X and Moto G, while patents will remain with Google. One of the reasons it may have prompted Google to sell Motorola in such a hurry Samsung or the will of Big G to make peace with Samsung and not have a competitor of its main partner Hardware at home. For Lenovo, on the other hand, it means securing a leading position in the mobile world by being able to exploit its factories for economies of scale and make the brand more profitable. Very satisfied is Yang Yuanqing, the Lenovo CEO who claims to have acquired an iconic brand, and how blame him.

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