Skip to main content

Lenovo buys Motorola for $2.91 Billion

A very surprise move, did anyone see that coming? all of a sudden, Motorola doing so good under Google with theMoto X and Moto G to start with, has been sold to Lenovo for a sum of $2.91 billion. As the message from Google CEO Larry Page says, 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.
Larry explained about the new owner in a few lines, saying that they would be retaining the Motorola brand as it is:
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 Think Pad 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.
But did you notice the last line there? that’s what Motorola was acquired by Google for earlier! The Patents. Google is going to retain the vast majority of Motorola’s patents, and thus, their job is done. Lenovo though won’t go with just the brand name in the deal, as it is going to receive 2,000 patent assets and the Motorola Mobility brand and trademark.

Comments

Post a Comment

What do you Think about This Article? Share Your Comments Here

Popular posts from this blog

LG’s first flexible OLED phone due before the year is out

LG plans to launch a flexible OLED smartphone before the end of the year, the company’s VP of mobile has confirmed, though it’s unclear to what extent the work-in-progress handset will actually flex. The OLED panel in question is the handiwork of LG Display according to VP of LG mobile Yoon Bu-hyun, the WSJ  reports, with the proposed device set to launch sometime in Q4. LG Display’s work on flexible OLEDs has been underway for some time, though the company’s efforts have perhaps been overshadowed somewhat by rival Samsung’s YOUM development. Last year, according to a Korea Times report, LG Display was preparing for
Post a Comment
Full Story »
Flexible displays are the Future of IT Industry! A part from 4k and smart home appliances, the CES 2013 saw a lot of attention being drawn towards bendable, flexible displays. The elasticised display idea isn’t something new as we have seen hoards of device concepts being crafted around flexible, bendable and even foldable displays. These concept devices give us a futuristic feel, be it a flexible phone to be worn around the wrist or a phone that opens up to turn into a tablet or PSP-like device. But how far is this future? Nokia has been toying with the idea ever since we remember. The technology sounds very fascinating and the possibilities and the extent to which bendable displays could be used are vast and leave us spellbound. However, these have always been concepts and we haven’t seen any device materialise in the real world. There have been several technologies that were conceived in these years and all have been put to their practical use. But the bendable d
Post a Comment
Full Story »

Xarius: Charge Your Mobile From Air

Xarius is a portable energy generator that allows to charge electrical appliances by the use of windpower in areas without electricity. Its lightweight and compact design makes the wind turbine to a perfect companion on backpacking trips with little luggage. It is composed of a foldable three-wing-system and an internal energy generator. The integrated rope makes it easy to adapt to any environment.Hooks are attached to both of its ends to tighten the rope and open the wings at the same time using the resulting tension. For convenient charging the battery is permanently installed, so that the electrical device can be charged inside the tent. The LED on the hook shows the current charge of battery. The pulsating orange indicates that the wind turbine has to recharge. Even at low wind speeds the blades begin to rotate autonomously.
Post a Comment
Full Story »