Sage-Tips

Why did Google sell Motorola?

Aside from Motorola’s enormous trove of patents, which Google explicitly said at the time of acquisition were to be used to protect Android handset makers from being sued by Apple and Microsoft, the only reason for Google to buy Motorola was to transform it into a healthy counterweight to Samsung, which sells the …

Did Google own Motorola?

On August 15, Google announced an agreement to acquire Motorola Mobility, based in Libertyville, Illinois, for $40 per share.

Who acquired Motorola Mobility in 2012?

Google
On August 15, Google announced an agreement to acquire Motorola Mobility, based in Libertyville, Illinois, for $40 per share.

Who owns Motorola now?

Lenovo
Motorola Mobility/Parent organizations

On January 29, 2014, Google CEO Larry Page announced that pending closure of the deal, Motorola Mobility would be acquired by Chinese technology company Lenovo for US$2.91 billion (subject to certain adjustments). On October 30, 2014, Lenovo finalized its purchase of Motorola Mobility from Google.

When did Google buy Motorola Mobility?

2012
Google initially bought Motorola Mobility for $12.5 billion back in 2012, but it said at the time that it was mainly interested in the company’s patent portfolio. Now, Google is offloading its subsidiary’s handset business, which has been losing hundreds of millions each quarter since the purchase.

What has happened to Motorola?

After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011. Motorola Mobility was acquired by Lenovo in 2014.

Has Motorola stopped making phones?

Motorola, the brand which invented the mobile phone, brought us the iconic “Motorola brick”, and gave us both the first flip-phone and the iconic Razr, is to cease to exist. The Motorola Mobility division of Lenovo will take over responsibility for the Chinese manufacturer’s entire smartphone range.

What went wrong at Motorola?

Motorola’s problem was that it was a hardware technology company, but from the mid-2000s it was software driving the mobile phone business. Here Motorola was weak – their phone’s interface was seen as clunky compared to its rivals, and their smartphones dithered between Linux and Windows-based operating systems.

Is Motorola a German company?

Motorola, Inc. (/ˌmoʊtəˈroʊlə/) was an American multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011.

Does Motorola Mobility still exist?

But it was not always this way: Motorola was once the brand most associated with the mobile phone, and the firm whose products first popularised them. Now, a year after its purchase by Lenovo, the Chinese firm has announced the brand will no longer exist.

What does Google’s acquisition of HTC mean for Android?

Rick Osterloh, who led Motorola while it was part of Google, is now leading Google’s hardware division. Buying a chunk of HTC’s smartphone team means that Google will directly challenge Android partners including Samsung, LG, Huawei — even more directly now than it did as Motorola’s parent company.

What happened to Motorola after Google bought it?

Under Google, Motorola opened a US plant and offered unrivaled customization options for its flagship Moto X smartphone. By January 2014, however, Google had soured on its Motorola acquisition and reached a deal to sell the company off to Lenovo for a fraction of what it had originally paid.

Who makes Google’s Nexus phones?

Not long after, HTC helped Google launch the Nexus lineup of products as the manufacturer of the Nexus One smartphone in 2010. HTC is also closely tied to the debut of 4G cellular networks in the United States.