“Motorola is in great hands with Lenovo, a company that’s all-in on making great devices,” said Larry Page, CEO, Google. and other mature markets, great carrier relationships, an iconic brand, a strong IP portfolio and an incredibly talented team. Motorola brings a strong presence in the U.S. Lenovo has a clear strategy, great global scale, and proven operational excellence. “This partnership has always been a perfect fit. By building a strong number three and a credible challenger to the top two in smartphones, we will give the market something it has needed: choice, competition and a new spark of innovation,” said Yang Yuanqing, chairman and CEO, Lenovo. ![]() “Today we achieved a historic milestone for Lenovo and for Motorola – and together we are ready to compete, grow and win in the global smartphone market. – who design, engineer, sell and support Motorola’s outstanding devices. With the completion of the acquisition, Lenovo welcomes the addition of a new portfolio company with nearly 3,500 employees around the world – including about 2,800 in the U.S. Motorola’s headquarters will remain in Chicago. ![]() Lenovo will operate Motorola as a wholly-owned subsidiary. The acquisition of the Motorola brand and Motorola’s portfolio of innovative smartphones like Moto X, Moto G, Moto E and the DROID TM series, as well as the future Motorola product roadmap, positions Lenovo as the world’s third largest maker of smartphones. Research Triangle Park, North Carolina and Mountain View, California – Octo– Lenovo (HKSE: 992) (ADR: LNVGY) and Google (NASDAQ: GOOG) announced today that Lenovo’s acquisition of Motorola Mobility from Google is complete. Becomes World’s #3 Smartphone Maker Prepares for Even More Growth
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