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Larry Page, CEO, Google: Lenovo to acquire Motorola Mobility for $2.91 billion 2014.02.01

Google - January 29, 2014 - We've just signed an agreement to sell Motorola to Lenovo for $2.91 billion. As this is an important move for Android users everywhere, I wanted to explain why in detail. We acquired Motorola in 2012 to help supercharge the Android ecosystem by creating a stronger patent portfolio for Google and great smartphones for users. Over the past 19 months, Dennis Woodside and the Motorola team have done a tremendous job reinventing the company. They've focused on building a smaller number of great (and great value) smartphones that consumers love. Both the Moto G and the Moto X are doing really well, and I'm very excited about the smartphone lineup for 2014. And on the intellectual property side, Motorola's patents have helped create a level playing field, which is good news for all Android's users and partners.

Google for Media. TechRaking - August 2013
Photo courtesy of
Google
 

Google - January 29, 2014

Posted by Larry Page, CEO, Google

We’ve just signed an agreement to sell Motorola to Lenovo for $2.91 billion.

As this is an important move for Android users everywhere, I wanted to explain why in detail.

We acquired Motorola in 2012 to help supercharge the Android ecosystem by creating a stronger patent portfolio for Google and great smartphones for users.

Larry Page, CEO and Co-Founder, Google.
Photo courtesy of
Google
 
Over the past 19 months, Dennis Woodside and the Motorola team have done a tremendous job reinventing the company. They’ve focused on building a smaller number of great (and great value) smartphones that consumers love.

Both the Moto G and the Moto X are doing really well, and I’m very excited about the smartphone lineup for 2014.
And on the intellectual property side, Motorola’s patents have helped create a level playing field, which is good news for all Android’s users and partners.

Photo courtesy of Motorola Mobility
 
But the smartphone market is super competitive, and to thrive it helps to be all-in when it comes to making mobile devices.
It’s why we believe that Motorola will be better served by Lenovo - which has a rapidly growing smartphone business and is the largest (and fastest-growing) PC manufacturer in the world.

This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere.

As a side note, this does not signal a larger shift for our other hardware efforts.

Photo courtesy of Motorola Mobility
 
The dynamics and maturity of the wearable and home markets, for example, are very different from that of the mobile industry.

We’re excited by the opportunities to build amazing new products for users within these emerging ecosystems.

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.

Google will retain the vast majority of Motorola’s patents, which we will continue to use to defend the entire Android ecosystem.

The deal has yet to be approved in the U.S. or China, and this usually takes time.

So until then, it’s business as usual.

I’m phenomenally impressed with everything the Motorola team has achieved and confident that with Lenovo as a partner, Motorola will build more and more great products for people everywhere.


Larry Page, CEO, Google


Source: Google Official Blog


http://googleblog.blogspot.com/  


Supercharging Android: Google to Acquire Motorola Mobility

Posted by Larry Page, CEO, Google. August 15, 2011

http://googleblog.blogspot.com/2011/08/supercharging-android-google-to-acquire.html  


Googleplex
Photo courtesy of
Google
 

ASTROMAN Magazine - 2012.04.07

The Google Art Project. Going global in search of great art from 151 museums in 40 countries

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1216  


ASTROMAN Magazine - 2011.02.05

Explore museums and great works of art in the Google Art Project

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=888  


ASTROMAN Magazine - 2011.12.18

Google Acquires Alfred-maker Clever Sense

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1121  


ASTROMAN Magazine - 2011.04.09

Justice Department about Google's acquisition of ITA Software

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=938  


ASTROMAN Magazine - 2011.01.21

Google Announces Q4 and Fiscal Year 2010 Results and Management Changes

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=883  


ASTROMAN Magazine - 2010.12.12

Cloud computing: the latest chapter in an epic journey

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=857  


ASTROMAN Magazine - 2010.10.10

The World's Most Attractive Employers 2010

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=819  


ASTROMAN Magazine - 2010.05.29

Google Closes $750 Million Acquisition of AdMob

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=726  


ASTROMAN Magazine - 2010.05.23

Sony and Google Establish Strategic Alliance

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=723  


ASTROMAN Magazine - 2010.04.05

Episodic joins Google

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=693  


ASTROMAN Magazine – 2010.03.14

Grab Your Bike and Go with Google Maps

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=680  


ASTROMAN Magazine - 2010.02.20

Google Closes On2 Technologies Acquisition

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=665  



ASTROMAN magazine


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