A lot of us have been skeptical about what is to become of Motorola Mobility when Lenovo finishes up acquiring them from Google. Motorola’s Punit Soni sat down to clear some things up and field software-related questions from a live audience recently, and a couple noteworthy details emerged. In case you were not able to join in the festivities live, we have compiled the main points down below. (more…)
With Motorola CEO Dennis Woodside already speaking on his departure from the company, Lenovo’s CEO had words of his own, stating a few rather bold claims for Motorola and its future success in the mobile market. Yang Yuanqing, the CEO of Lenovo, states that the company can turn Motorola around financially after just a few quarters once the $2.91 billion deal with Google is finalized and in the books. (more…)
According to the Wall Street Journal, Motorola CEO Dennis Woodside is departing the company to become the COO of Dropbox. I wouldn’t exactly say that you should be surprised that Woodside is departing the smartphone manufacturer after Google sent it packing to Lenovo, but the move to Dropbox is sort of. Then again, going from a mega-company like Google to somewhat of a start-up might be the hot new trend for executives. (more…)
If you read tech sites outside of this one, there is a chance you read the rumor from earlier in the week from industry player Eldar Murtazin, which suggested that Google is going to kill off its Nexus program some time in 2015 and replace it with its Google Play Edition line, though that name may change by the time this all unfolds. Clearly, we ignored the hell out of this rumor. Because well, it’s just a giant one-line rumor on Twitter with nothing to back it. To add to the plot, though, Murtazin returned shortly after the Lenovo-Motorola deal was announced to suggest that Lenovo will make one of the last Nexus devices ever.
So what do we think? Seeing as 2014 just started, Google just released the Nexus 5 (a device that helped carry LG’s last quarter), and all sorts of new Google Play Edition devices are available, I couldn’t tell you. My initial reaction is to not worry about it at this point. (more…)
As noted thanks to a brief conference call held by Lenovo following the announcement that it would acquire Motorola from Google, the acquisition will not include Moto’s Advanced Technology and Projects group. The team, lead by former DARPA director Regina Dugan, will reportedly move over to Google’s Android team, led by Sir Sundar Pichai. (more…)
With the Lenovo-Motorola deal now official from all parties, we thought a quick recap of everything was in store. Since this move has clearly brought out plenty of your emotions, especially when it comes to thinking about your next smartphone purchase, we are sure you want answers. While we won’t have them all, and should know more tomorrow after Google’s earnings call, we do have plenty to share. (more…)
Well, folks, it is now official. Lenovo is acquiring Motorola from Google for $2.91 billion.
We are still thumbing through all of the statements now and will update this post shortly. In the mean time, feel free to read along with us.
According to a report out of Reuters, Lenovo is about to buy Motorola from Google for $3 billion. Yes, that Motorola, the one that just made a phone we considered to be our phone of the year. The report claims that an announcement could come as early as today, as the companies are in the final stages of talks. Reuters also mentioned that this is a sell-off of the handset business, along with certain patents. (more…)