Lenovo buys Motorola from Google
It has been officially announced by Google that Lenovo will be buying Motorola from them at an estimated price of $2.9 Billion.
The rumour of such happenings was already out not long ago until Google officially announced it.
Lenovo buys Motorola from Google at a price of $2.9 Billion, however, Google had purchased Motorola for $12.5 Billion in the first place in August 2011. The search giant selling the company at a huge loss come as no surprise. Although a great line-up of Google edition phones did come out under the name of Motorola, it was not able to get the major success as expected.
Google believes that Lenovo has the required expertise to take Motorola to a new level and make it more recognized among the great smartphones in the market.
Press releases as proof that “Lenovo buys Motorola from Google”:
‚ÄúLenovo has the expertise and track record to scale¬†Motorola¬†Mobility into a major player within the Android ecosystem. This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere,‚ÄĚ –¬†Larry Page, CEO, Google.
‚ÄúAs part of Lenovo,¬†Motorola¬†Mobility will have a rapid path to achieving our goal of reaching the next 100 million people with the mobile Internet. With the recent launches of Moto X and Moto G, we have tremendous momentum right now and Lenovo‚Äôs hardware expertise and global reach will only help to accelerate this,‚ÄĚ¬†–¬†Dennis Woodside, CEO,¬†Motorola¬†Mobility.
The deal is yet to be finalized but both the companies seem to have no problem in completing it.
If Lenovo buys Motorola from Google, there is a possibility that we might see a great smartphone in near future, which will stand strong against the other competitive smartphones. Lenovo in my opinion should work on changing the UI of the phone to attract customers. The same is the case with LG, they have introduced a beautiful new UI into their recent smartphone line-up which has significantly improved their sales.