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Google Selling Motorola Mobility to Lenovo for $2.91 Billion
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Ya - I guess my 2014 Android choices now become either the HTC One (2014) or the Nexus 6. I wasn't really going to upgrade my Android device, but I might now....
I know a guy who works at Moto Mobility and they've been focused on the move to the downtown Chicago Google building, supposedly happening now. What a mess.
Reviews positive... profit negative.
Apparently Motorola didn't sell enough of those amazing phones.
Perhaps because of that:
http://www.zdnet.com/googles-motorola-purchase-was-it-worth-it-7000009356/
If the reports are accurate, Google will keep most of the patents or will cross licence them.
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And it is official, $2.91 billion and Google will retain the vast majority of patents.
http://googleblog.blogspot.com.es/2014/01/lenovo-to-acquire-motorola-mobility.html
Might have as much to do with keeping the other handset makers happy, and don't forget that Google just got even tighter with Samsung. Being a handset maker has been very awkward from the beginning given the rotation system for Nexus phones. They bought Moto primarily for patents.
As a Moto X owner, I do hope that the lineage continues. This is THE Android phone for people who like the iPhone size, want a bigger screen, a lower price point, and/or the flexibility of Android. I still like iPad/iOS better for the tablet form factor, but a modern Android device like Moto X has passed the iPhone in my book (and my wife has a 5s for comparison sake).
As a Moto X owner, I do hope that the lineage continues. This is THE Android phone for people who like the iPhone size, want a bigger screen, a lower price point, and/or the flexibility of Android. I still like iPad/iOS better for the tablet form factor, but a modern Android device like Moto X has passed the iPhone in my book (and my wife has a 5s for comparison sake).
From the article here:
The acquisition, worth at least $2 billion, will include more than 10,000 mobile communications patents currently held by the United States company, according to a person familiar with the matter.
I'm sorry - but you lose $9.5 BILLION (not counting the losses Moto incurred while a Google company) for roughly 14,500 patents???
This acquisition was finalized in 2012.....that's not even 2 years ago. I'm sorry, but I don't understand the positive spin here.
You should not expect Google to try too hard, when they were competing against their partners.
Still a heck of a lot of money to throw around for the number of patents were talking about.....
They will, but it's pretty obvious that the investment was a loss maker for them. They tried to use the patents as ammunition against both Apple and Microsoft, but it largely hasn't panned out.
That said, now the deal with Samsung makes a lot more sense. It seems that Google is content to play the same role Microsoft did with Windows, and let Samsung, et. al. worry about making hardware.
Well this is interesting. Phones made in the US and owned by a Chinese company? I wonder if that'll continue?
Losing money
If they weren't into losing money hand over fist, they wouldn't be in the Android business
And.. the stock is UP???
Apple just posted fourth highest profit for any company in the history of ever. The stock goes down???
This just goes to prove that our country is DOOMED. Wall Street and government are filled with idiots.
If they weren't into losing money hand over fist, they wouldn't be in the Android business
And.. the stock is UP???Apple just posted fourth highest profit for any company in the history of ever. The stock goes down???
This just goes to prove that our country is DOOMED. Wall Street and government are filled with idiots.
I'd say it's the opposite. Android is becoming a more focused platform with less bloatware. The folk who make the biggest selling devices for the platform have just agreed to stop pushing their bloatware and stick with Googles vision.
You can say bad times though when Samsung finish their own OS and stop using Android. They're just a maps app away from being able to do that according to these reports.
I always thought the Motorola acquisition was an attempt to keep Samsung from hijacking Android and possibly forking it
I guess that cross-licensing agreement achieved the same goal
Good for Apple that they are not in the habit of doing this; by their own statement, they buy smaller companies, from time to time ..
Highly doubtful that Samsung ditches Android for Tizen. I predict the same success than Bada
funny if you open the motorola page it advertises the moto x for the only smartphone to be assembled in the united states. i wonder if that will stay the same.
I thought they had to put Tizen on the back burner because of this new deal with Google.....
I mean Samsung already controls Android market share and the only major competitor is Apple/iOS.
Either Samsung really needs to reign it in and fix (re get rid of) TouchWiz, or we need some new players to step it up. Unfortunately the best (HTC, Moto) can't seem to gain a foothold.