Thursday, 30 October 2014

Lenovo bought Motorola from Google

Lenovo has compleated its motorola deal with Google.  Lenovo announced this on thursday. Lenovo also claims that after owning Motorola it is worlds third largest Smartphone Manufacturer. Lenovo is a chinese company. This was announced at the beginning of 2014 that Lenovo is going to get Motorola From Google.

Lenovo paid 2.91 Billion Dollors to Google for Motorola


"Today we achieved a historic milestone. By building a strong number three and a credible challenger to the top two in smartphones, we will give the market something it has needed: choice, competition and a new spark of innovation," said Yang Yuanqing, chairman and CEO, Lenovo.

"This partnership has always been a perfect fit.  Lenovo has a clear strategy, great global scale, and proven operational excellence.  Motorola brings a strong presence in the US and other mature markets, great carrier relationships, an iconic brand, a strong IP portfolio and an incredibly talented team. This is a winning combination," he added.









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