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Google Selling Motorola Mobility to Lenovo for $2.91 Billion

How can you lose over a 10 billion dollars? Aw that's going to hurt and someone might be losing there job soon....
 
carjakester said:
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.
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Looks like those people will be out of jobs.

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179202 said:
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.
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Agree.

Google holds too much leverage over Samsung with Google Maps. At some point, Samsung has to follow Apple's lead and find a way to divorce themselves from the Google's maps leverage.

FWIW, as painful as the Apple Maps roll out was, I believe time will prove out that Apple ultimately made the right choice.
 
jrswizzle said:
Still a heck of a lot of money to throw around for the number of patents were talking about.....
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Not really. Of the 10,000 patents involved in the original Google-Motorola purchase, Google keeps 8,000 of them with this sale to Lenovo.

And if I had doubts about getting the Moto X, they are gone. It will be a collectors item now. :D
 
Oletros said:
Highly doubtful that Samsung ditches Android for Tizen. I predict the same success than Bada
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They're not gonna ditch them anymore

Momentum is slowing and they just entered a deal with Google. If anything they're gonna coexist now instead of compete. Both of them also look like they're focusing less on mobile and more on new markets like wearables
 
179202 said:
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.
Click to expand...

What reports? I didn't see anything about Samsung actually preparing to migrate to their own OS. I know they have been developing one but hadn't seen that it actually might replace android.
 
koppie644 said:
Lenovo bought the PC business of IBM many years ago, which turned out successful

Now, IBM server, and Motorola

I hope one day they buy Microsoft and Google, :D
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Maybe successful for Lenovo, but today's Thinkpads seem to lack compared to the IBM Thinkpads of the early last decade. Those were built like tanks.

After all the hoopla on how Moto smartphones were made here in the USA, I'm pretty sure that factory is going to be shuttered with all production moved to PRC.
 
proline said:
Buy high, sell low. Way to take care of the shareholder's money, Google!

This also goes to show that Google's only interest in Moto was that they thought they could weaponize standards essential patents. Once the various judges told them to buzz off, they finally gave up.

Total wasted shareholder money: $15 billion+ when you count the two years of covering Moto's losses, the failed lawsuits, and the discount they gave Lenovo.
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It's not that simple, Google didn't sell all the patents it acquired from Moto, it's keeping most of them and granting license.

It's official now.
http://investor.google.com/releases/2014/0129.html
 
Lloydbm41 said:
Not really. Of the 10,000 patents involved in the original Google-Motorola purchase, Google keeps 8,000 of them with this sale to Lenovo.

And if I had doubts about getting the Moto X, they are gone. It will be a collectors item now. :D
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So after losing $1.6 Billion on revenues of $8 billion under Google, and the difference in buy and sell price of roughly $9.5 billion.....

That's worth 8,000 patents that so far haven't necessarily helped them stave off the Rockstar Consortium?

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Oletros said:
$12.5 billion - $3 billion in cash - $2.4 billion to Arris - $2.91 billion = $4.19 billion
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+ Moto's losses over the last 6-8 quarters......

EDIT: Nvm - I found the links.....

Still we're talking over $5 billion in the hole, and these patents so far have done.....
 
lenovo buys a mobile division for 2.9 billion from google and google just paid 3.2 billion for a smoke detector company. somethings not right here.... why would you, like why ? you got android. why not make a vertical solution like apple combining hardware and software.

what a waste google.
 
Google up over in 2% after hours trading so Wall Street seems to be happy. Imagine what Wall Street would do to Apple if they bought a company for $12B and sold it 2 years later for $2B. :eek:
 
Lloydbm41 said:
Not really. Of the 10,000 patents involved in the original Google-Motorola purchase, Google keeps 8,000 of them with this sale to Lenovo.
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With what value? FRAND patents provide a steady revenue stream, but they aren't going to cover even the $4.19 billion figure Oletros claims (not counting heavy losses from Motorola over the past almost two years).

Another interesting factoid, Google had to provide a $ 1.5 Billion carry back loan to close the deal.
 
Oletros said:
- tax returns against Google profits for those losses



http://techcrunch.com/2012/12/19/mo...band-unit-for-2-35b-to-double-down-on-mobile/

The cash figures in the former zdnet link

By the way, Motorola had 17.000 patens plus 7.500 patent applications
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Whatever - I know.

I still find it ridiculous that Google can essentially spend $5 billion on 14,000 patents, admit they made a mistake, send a US company they couldn't manage to China and have their stock skyrocket.
 
Rogifan said:
Google up over in 2% after hours trading so Wall Street seems to be happy. Imagine what Wall Street would do to Apple if they bought a company for $12B and sold it 2 years later for $2B. :eek:
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Apple would be doomed.
 
John.B said:
With what value? FRAND patents provide a steady revenue stream, but they aren't going to cover even the $4.19 billion figure Oletros claims (not counting heavy losses from Motorola over the past almost two years).

Another interesting factoid, Google had to provide a $ 1.5 Billion carry back loan to close the deal.
Click to expand...

Moto's losses while a Google company totaled about $1.6 billion on roughly $8 billion in revenue.
 
Tankmaze said:
lenovo buys a mobile division for 2.9 billion from google and google just paid 3.2 billion for a smoke detector company. somethings not right here.... why would you, like why ? you got android. why not make a vertical solution like apple combining hardware and software.
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That vertical solution was the Moto X. Didn't help them much
 
brianbobcat said:
I live in Chicago and I wonder what the sale means to the Moto employees here. Google was in the process of closing the suburban office park Motorola Mobility had called home and moving everyone downtown. Will they continue the move to Chicago, or will Lenovo close moto and move all development to their own offices? It does seem a shame since Motorola was really starting to develop quality products again.
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Probably the same as what happened to all the IBM PC Group in NC - everything moved to China (as far as I know).

I've been telling people at Motorola that they should start learning Chinese if they want to keep their jobs... :eek:
 
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