Motorola a "longtime love story" for Lenovo, courting reportedly started in 2011
posted by Chris P. / Jan 30, 2014, 9:23 AM
Lenovo chairman and CEO, Yang Yuanqing, is cited in a WSJ report, corroborating the idea that this was long due. Apparently, the executive approached Google's Eric Schmidt after Google acquired Motorola in 2012, expressing Lenovo's continued interest in the symbolic handset maker:
It's not at all surprising, then, that the Google chairman was the one to approach the Lenovo chief just before Thanksgiving in 2013, testing the waters. As we now know, Lenovo was obviously still quite interested, especially since rumors have it that it was in unsuccessful talks with BlackBerry not long before that. Mr. Yang was apparently quite enthusiastic, too: "And I said yes", he told the WSJ. "This was a longtime love story." This actually means that Lenovo has been looking for a shortcut to the global market pretty much as early as its smartphone division came into existence. This hopefully means that the Chinese giant is not messing around, and has been preparing for this moment for quite some time now.
But it's not a done deal just yet, at least as far as US regulators are concerned. The deal still needs to be approved, and it is likely to go through the scrutinizing gaze of the US Committee on Foreign Investment, a body that looks at transactions that it considers to entail potential national-security risks. Lenovo is said to be unconcerned, however.
Posts: 1693; Member since: Aug 18, 2013
Hopely Motorola keeps that innovative spirit they got from Google. Moto X and G are awesome.
posted on Jan 30, 2014, 9:26 AM 4
So what was the point of Google buying them in the first place?
posted on Jan 30, 2014, 9:29 AM 0
Posts: 313; Member since: Nov 11, 2013
The real question, my friend is, what was the point of Apple bidding for Nortel and creating the Rockstar Consortium? There's your answer :)
posted on Jan 30, 2014, 10:50 AM 4
Posts: 5993; Member since: Dec 22, 2010
Lenovo better be concerned with the Committee on Foreign Investment. Moto has a non-trivial supplier relationship with the U.S. government. Either that business will be spun-off or fire-walled, or the deal won't get done.
posted on Jan 30, 2014, 9:32 AM 1
Posts: 832; Member since: Mar 08, 2009
Most of the government business was with Motorola Solutions which was spun-off separately from Motorola Mobility. Motorola Mobility was the division Google owned and main whose business was mobile phones. www.motorolasolutions.com
posted on Jan 30, 2014, 12:17 PM 1
Posts: 2458; Member since: Nov 28, 2009
And in other news, China buys another healthy slice of Americana...
posted on Jan 30, 2014, 11:56 AM 3
Posts: 67; Member since: Jul 28, 2011
I like this news really. Lenovo produces phones with great build quality and I can attest to that since I currently own a Lenovo P780. Very solid device with very good battery life! Probably, they would merge Lenovo's P Series and Motorola's Maxx series since both series focus on longer battery life. Anyway, good to see that Lenovo are very determined to be successful.
posted on Jan 30, 2014, 5:13 PM 1
Posts: 717; Member since: Dec 27, 2013
The OS in Lenovo sucks. The update is just a dream like typical random Chinese phones, they will forget the owner of old phones. There are only few available custom ROMs and most of them are crap & flaw. Most of Lenovo phones use mediatek which has poor performance & crappy GPS. I'm done with Chinese phones. (This is a true story from Lenovo user because I'm the owner of a Lenovo phone too)
posted on Jan 31, 2014, 12:18 AM 0
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