Lenovo to buy Motorola Mobility from Google

Thursday 30 January 2014 | 01:42 CET | News
Lenovo has agreed to acquire Google's Motorola Mobility smartphone business in a USD 2.91 billion deal. The consideration includes USD 1.41 billion paid at close, comprised of USD 660 million in cash and USD 750 million in Lenovo ordinary shares, while the remaining USD 1.5 billion will be paid in the form of a three-year promissory note. The acquisition includes the Motorola brand and Motorola Mobility's portfolio of smartphones while Google will maintain ownership of the vast majority of the Motorola Mobility patent portfolio. As part of its ongoing relationship with Google, Lenovo will

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Google / Lenovo / Motorola Mobility
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Lenovo completes takeover of Motorola Mobility

Published 30 Oct 2014 12:22 CET | World
Lenovo has completed the acquisition of Motorola Mobility from Google. The Chinese company will maintain Motorola as an ...

Motorola to launch new phone in London 13 May

Published 01 May 2014 09:05 CET | World
Motorola has sent out invitations for a press conference in London on 13 May to debut its newest smartphone, Cnet reports. The ...

Lenovo to raise USD 1 bln in bond issue

Published 24 Apr 2014 10:23 CET | World
Lenovo announced plans to issue USD 1 billion in notes. The proceeds will go towards general working capital and to help fund its ...

Google Q1 revenues up 19%, profit growth slower

Published 17 Apr 2014 08:32 CET | World
Google reported first-quarter revenues of USD 15.42 billion, up 19 percent from a year earlier. The figure excludes traffic ...

Motorola plans smartwatch launch later this year

Published 26 Feb 2014 08:38 CET | World
Motorola Mobility plans to release a smartwatch later this year. At a press conference at Mobile World Congress, the company said ...

Lenovo to make Motorola Mobility profitable in 6 quarters

Published 26 Feb 2014 01:44 CET | World
Lenovo expects to make Motorola Mobility profitable within four to six quarters. Lenovo chief executive Yang Yuanqing also said ...

Lenovo launches sharing, security apps

Published 24 Feb 2014 10:09 CET | World
Lenovo has introduced a new suite of DOit apps that allow users to share, sync, protect, and manage information on their ...

Google Motorola exec leaves to become Dropbox COO

Published 13 Feb 2014 11:13 CET | World
Google executive Dennis Woodside is leaving the company after the agreed sale of the Motorola handset business to join Dropbox as ...

Lenovo Q3 sales up 15%, ships almost 14 mln smartphones

Published 13 Feb 2014 08:53 CET | World
Lenovo reported revenues for its fiscal third quarter up 15 percent year-on-year to USD 10.8 billion, while net profit rose 30 ...

Lenovo launches smartphones in Nigeria

Published 10 Feb 2014 09:39 CET | Nigeria
Lenovo has unveiled its smartphone portfolio in Nigeria. Consumers in the country will be the first on the African continent to ...

Sony denies report of PC joint venture with Lenovo

Published 03 Feb 2014 08:39 CET | World
Sony has denied a report that it's in talks with Lenovo on a joint venture in the PC market. Sony said in a statement that it ...

Lenovo wilde Motorola al in 2011

Published 31 Jan 2014 12:56 CET | World
Lenovo dacht al na over de overname van de handsettak van Motorola toen het bedrijf begin 2011 werd opgesplitst in Motorola ...

Lenovo may over-estimate Motorola potential

Published 31 Jan 2014 12:33 CET | World
The world's biggest PC maker, Lenovo, hopes to do the same soon with mobile devices. The Chinese company hopes to become the ...

Motorola slows Google growth in Q4

Published 31 Jan 2014 08:39 CET | World
Google reported fourth-quarter revenues up 17 percent from a year earlier to USD 16.86 billion. Motorola accounted for 7 percent ...

Lenovo kan zich verkijken op potentieel Motorola

Published 30 Jan 2014 16:26 CET | World
Als grootste pc-leverancier op basis van het aantal shipments hoopt Lenovo hetzelfde doel te bereiken met 'mobiel'. Het Chinese ...

Lenovo koopt Google's Motorola Mobility

Published 30 Jan 2014 07:56 CET | World
Lenovo neemt voor USD 2,9 miljard Motorola Mobility over van Google. Lenovo betaalt Google USD 660 miljoen in cash, USD 750 ...

Lenovo restructures business, reshuffles executive team

Published 29 Jan 2014 09:52 CET | World
The world's top selling PC company, Lenovo, has announced that it will split its business into four different groups in April and ...

Lenovo to buy IBM x86 server business for USD 2.3 bln

Published 23 Jan 2014 10:31 CET | World
Lenovo confirmed it has entered into a definitive agreement to acquire IBM's x86 server business for USD 2.3 billion. This ...

Motorola loses appeal in patent case against Apple

Published 13 Jan 2014 09:07 CET | United States
A US appeals court ruled that Apple didn't infringe a smartphone patent held by Motorola Mobility that deals with controlling ...

Motorola loses appeal to invalidate Microsoft patent

Published 17 Dec 2013 09:24 CET | United States
Motorola Mobility lost an appeals court bid to invalidate a patent Microsoft used to win a ban on US imports of some mobile ...

Motorola unveils Project Ara for modular smartphone platform

Published 29 Oct 2013 10:57 CET | World
Motorola Mobility has announced a new project to develop an open hardware platform for developing modular smartphones. Project ...

Arris completes acquisition of Motorola Home

Published 17 Apr 2013 19:50 CET | United States
Arris has announced it has completed its acquisition of the Motorola Home business from a subsidiary of Google. The combination ...

Motorola to cut 10 percent of workforce - report

Published 08 Mar 2013 09:08 CET | World
Motorola Mobility has informed staff that it started laying off around 1,200 workers, or over 10 percent of its total workforce, ...

Google - Motorola Mobility: one year on

Published 14 Aug 2012 12:47 CET | World
Google announced plans to reduce the workforce at Motorola Mobility by 20 percent, as well scale back management and close a ...

EU, US clear Google takeover of Motorola

Published 14 Feb 2012 09:02 CET | Europe
The European Commission and US Department of Justice have cleared Google's USD 12.5 billion takeover of Motorola Mobility. ...

Google's takeover of Motorola: not just about patents and Android

Published 17 Aug 2011 13:57 CET | World
Google has agreed to buy Motorola Mobility for USD 12.5 billion, including cash of around USD 3 billion. The price implies a ...

Google to acquire Motorola Mobility for USD 12.5 bln

Published 15 Aug 2011 13:52 CET | World
Google and Motorola Mobility have entered into a definitive agreement under which Google will acquire Motorola Mobility for USD ...

Calendar   /   Industry Events

29 Jul Telenet Q2 2021
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul Telefonica Q2 2021
29 Jul Orange Q2 2021
29 Jul Digital Realty Q2 2021
29 Jul Limelight Networks Q2 2021
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
29 Jul STMicroelectronics Q2 2021
29 Jul Millicom Q2 2021
29 Jul Samsung Electronics Q2 2021
29 Jul Poly fiscal Q1
29 Jul Skyworks fiscal Q3
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
29 Jul Amazon Q2
29 Jul Airtel Africa Q2 2021
29 Jul T-Mobile US Q2 2021
29 Jul Comcast Q2 2021
29 Jul Nokia Q2 2021
29 Jul BT fiscal Q1
29 Jul American Tower Corp Q2 2021
29 Jul Fortinet Q2
29 Jul Vodacom fiscal Q1
29 Jul Cellnex Q2 2021
29 Jul Hrvatski Telekom Q2 2021
30 Jul Proximus Q2 2021
30 Jul Charter Communications Q2 2021
30 Jul Shentel Q2 2021
30 Jul NEC fiscal Q1
::: More Calendar Items