Thursday, January 30, 2014

Chinese Consolidated on a shopping spree: Lenovo is buying Google for $ 2.9 billion ... - ABC Online

Google sells the mobile phone business of Motorola after less than two years to the Chinese Lenovo Group. The world’s largest PC manufacturer pays only $ 2.91 billion. Many important secret but does not change the owner.


the deal, the companies announced on Wednesday. Google announced Lenovo get with the deal the brand name Motorola and about 2000 patents. However, the majority of patents to the former subsidiary will still belong to Google. The company was never able to lead into the black its mobile subsidiary. The Internet giant had been paid $ 12.5 billion for Motorola Mobility in 2012. Lenovo According to insiders advise on the purchase by Credit Suisse, Google Lazard.

The world’s largest computer manufacturer Lenovo had announced a few days ago, for $ 2.3 billion abzukaufen the U.S. company IBM the contractual weak server business. The Chinese gain with the purchase of access to the major U.S. mobile phone market, which is dominated by Apple.

Google had submitted the offer for Motorola in August 2011 and for months waiting for a release by international regulators. The acquisition was only completed in May 2012. Even under Google’s Directed Motorola wrote previously losses. Not even new models like the Moto X could not change.

Video: Researchers study cell phone addiction with new app

No comments:

Post a Comment