Google selling Motorola to Lenovo for $2.91 billion

[Luke]

Google is selling Motorola Mobility to Lenovo, giving the Chinese smartphone manufacturer a major presence in the US market. Lenovo will buy Motorola for $2.91 billion in a mixture of cash and stock. Google will retain ownership of the vast majority of Motorola's patents, while 2,000 patents and a license on the remaining patents will go to Lenovo. Lenovo will pay Google $660 million in cash, $750 million in stock, with the remaining $1.5 billion paid out over the next three years.

http://www.theverge.com/2014/1/29/53586 ... rom-google

Google has just announced that Lenovo will be acquiring Motorola! Google only bought Motorola not even a year ago for $12 billion!

Google did say when they bought Motorola that they were mostly just interested in the patents, but no one was expecting this!

 

[froggyboy604]

I think it is a smart move for Google since Lenovo knows how to convince buyers to buy their products. Lenovo is the number 1 Windows PC maker beating out other big companies like HP, Dell, and Acer. Lenovo is also the only big PC maker which is still growing its userbase. Google wants more people to use Google Android, so selling Motorola to Lenovo is a smart move to expand the Google Android platform in China, and emerging markets where Lenovo product sells very well, so more people will buy apps from Google Play, and click on Google Adsense/Adwords ads where Google makes most of its money.

Lenovo could soon be the number 1 or 2 Android Smartphone maker by combing Lenovo and Motorola phone department into one brand called Lenovo Motorola like Microsoft's Nokia Windows Phone.

 

[Gamer Outpost]

Good move by Google, but they lost a lot of money. Were the patents/sales worth 9 billion bucks?

 

[Sharon]

I think it's interesting how rumors of Blackberry being bought out was such a big deal but Lenovo buying Motorola people are barely even giving it a glance. I'm curious to see where Lenovo will be taking Motorola next. I think smartphones right now are starting to look all too similar to each other. I feel like the Blackberry Q10 is perfect for me but I know all the media capabilities are what's important right now for most users and that's why Apple and Samsung are doing so darn well and HTC falling close behind. We need NEW technology something totally different to change things up...maybe let's start going holographic hahahaha =)

 

[Luke]

Good move by Google, but they lost a lot of money. Were the patents/sales worth 9 billion bucks?

They're also looking into the future. Lenovo is in a country with over a billion people and does really well. Google owns Android, so maybe the patents aren't worth 9 billion dollars, but I'm sure if they can back-peddle and allow someone who knows what they are doing to attack the worlds biggest market, they will earn the money back through Android.

Google shouldn't have entered the hardware market and now they're exiting.

 

[froggyboy604]

I think it's interesting how rumors of Blackberry being bought out was such a big deal but Lenovo buying Motorola people are barely even giving it a glance. I'm curious to see where Lenovo will be taking Motorola next. I think smartphones right now are starting to look all too similar to each other. I feel like the Blackberry Q10 is perfect for me but I know all the media capabilities are what's important right now for most users and that's why Apple and Samsung are doing so darn well and HTC falling close behind. We need NEW technology something totally different to change things up...maybe let's start going holographic hahahaha =)

The Canadian, US, and Europeon Government does not want Blackberry to be owned by the Chinese government or a Chinese companies like Lenovo because many government officials still don't trust the Chinese and Communist countries like China, and Cuba. Many of the world's government use Blackberry, BBM, and other Blackberry services and products to secure their information because Blackberry is still one of the most secure mobile operating system in the world because BB controls both the hardware, and software, so there is less of a chance BB devices contain spyware, and security problems.

I think BB is a more valuable company than Motorola because Blackberry has an operating system, BBM messaging, software, and an App store. It is also still trusted as the most secure device among government, and companies since Obama the US president uses a Blackberry for security reasons.

 

[Pvcomputers]

I did not know Google owned Motorola which Motorola has been around before google.

 

[jhony117]

I didn't hear about this new yet. May it is profitable for Google.