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

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

Full Story »

Bing Apps for Windows 8 get major updates

Late least year, Microsoft rolled out a half dozen Bing Apps for Windows 8 users, each one focused on a specific category, such as travel and sports. The apps were designed to offer “immersive vertical experiences,” and now, about six months later, a big line of updates for them is being pushed out. Users can grab the updates now by heading into the Windows Store and selecting the updates notification.

Full Story »

Syrian Electronic Army claims credit for CBS Twitter accounts hack

Yesterday, several of CBS ’s Twitter accounts were hacked, including its main account, and its accounts for 60 Minutes, 48 Hours, and CBS Denver. The hackers got into the account and tweeted a series of things relating to President Obama and the United States being in cahoots with Al-Qaeda . The tweets also had links that led users to malware-infested sites. While CBS was able to regain access to its accounts, it was unable to figure out who was behind the attacks, until now. The Syrian Electronic Army , the same group that hacked 3 of the BBC’s Twitter accounts, claimed

Full Story »

TECHNO LA LA

Search This Blog